July Market Statistics
Below are the market statistics Year to Date from 2012 and 2013 and indicators of how our market is shifting.
We've gone up 9% in new listings and 13% in closed transactions.
Our Median Sales Price has gone up due to a less amount of inventory in the <$100K price range and the Average sales price has gone up 4%.
The Price per Square Foot has gone up over 12% from 2012- great for sellers, less great for buyers.
Days on Market- down 19%- if you're a seller looking to list all the more reason to list your home~!
Inventory- If the market were to not take on any new homes today we would run out with our current conversion rate in 5.16 Months- meaning? we have moved into a sellers market.
| 2012 | 2013 | |
| New Listings | 966 | 1056 |
| Closed Listings | 614 | 695 |
| Median Sales Price | $159,000.00 | $172,000.00 |
| Average Sales Price | $228,084.00 | $238,035.00 |
| Price Per Square Foot | $138.39 | $154.38 |
| Percent of Original List Price | 95.00% | 97.00% |
| Days on Market | 126 | 102 |
| Inventory of Homes for Sale | 5.16 Months |
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