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 |