RESIDENTIAL

13.4%
fewer active listings; 6.5% fewer NEW listings, inventory is VERY low!

9.3%
more sales!!! and 47% more PENDING listings!!

13.9%
lower sales price

Homes selling at
90%
of listed price

$341,711
Average sales price

$279,000
Median sales price

Average list price is up by 7%, and median list price up by 27%.  Absorption rate down by 18% (takes less time to sell a house now – only 11 months compared with 17 months last year)

CONDOS

6.4%
fewer active listings in 12 month period; but 6% increase in NEW listings.

11%
fewer sales (but a 16% increase in PENDING sales)

23.5%
higher average sales price!!!!

Condos selling at
92%
of listed price

$201,330
Average sales price

$167,500
Median sales price

LAND

7.2%
fewer listings for the 12 month period (but an increase by 11% in NEW listings)

4%
MORE sales (and also a 15% increase in PENDING sales…nice trend…first time in a while we’ve seen an INCREASE in land sales!)

10.48%
lower sales price

Land selling at
81%
of listed price

$64,172
Average sales price

$35,500
Median sales price