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July 2018 Real Estate Climate

  • Aug 23, 2018

2018 MONTHLY HOME SALES REPORT JULY SALES UP 10.2% Closed sales of single-family homes on less than one acre including condos for July 2018 total 896 compared to July 2017 when the total was 813.

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June 2018 Real Estate Climate

  • Jul 12, 2018

SALES DOWN 3.8% Closed sales of single-family homes on less than one acre including condos for June 2018 total 917 compared to June 2017 when the total was 953.

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May 2018 Real Estate Climate

  • Jun 11, 2018

MAY SALES DOWN 2.4% Closed sales of single-family homes on less than one acre including condos for May 2018 total 758 compared to May 2017 when the total was 777.

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April 2018 Real Estate Climate

  • May 14, 2018

SALES UP 14.7% Closed sales of single-family homes on less than one acre including condos for April 2018 total 608 compared to April 2017 when the total was 530.

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March 2018 Real Estate Climate

  • May 01, 2018

2018 MONTHLY HOME SALES REPORT MARCH SALES UP 7.3% Closed sales of single-family homes on less than one acre including condos for March 2018 total 602 compared to March 2017 when the total was 561.

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September 2017 Real Estate Climate Update

  • Sep 11, 2017

SALES UP 9.2% Closed sales of single family homes on less than one acre including condos for August 2017 total 903 compared to August 2016 when the total was 827. AVERAGE PRICE UP 9.3% The average closed price for August 2017 was $234,671 compared to August 2016 when the average price was $214,693.* MEDIAN PRICE UP 9.5% The median closed price for August 2017 was $218,000 compared to August 2016 when the median price was $199,000.* *NOTE: Does not represent home values. INVENTORY DOWN Inventory is down 1% compared to August 2016. Current inventory, as of this report totals 2,014 properties which represents a 2.2 months supply. DISTRESSED SALES DOWN Sales of Distressed homes accounted for 4% of sales in August 2017 compared to 6.2% in August 2016.

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January 2017 Real Estate Climate Update

  • Feb 08, 2017

SALES UP 7.7% Closed sales of single-family homes on less than one acre including condos for January 2017 total 378 compared to January 2016 when the total was 351. AVERAGE PRICE UP 8.8% The average closed price for January 2017 was $206,351 compared to January 2016 when the average price was $189,675.* MEDIAN PRICE UP 11.4% The median closed price for January 2017 was $195,000 up 11.4% from January 2016 when the median price was $175,000.* *NOTE: Does not represent home values. INVENTORY DOWN Inventory is down 25.3% compared to January 2016. Current inventory, as of this report totals 1,153 properties which represents a 3.1 months supply. NOTE: Months supply based on closed sales for January. DISTRESSED SALES DOWN Sales of Distressed homes accounted for 11.6% of sales in January 2017 compared to 15.7% in January 2016.

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December 2016 Real Estate Climate Update

  • Jan 30, 2017

December closed sales of single family homes on less than one acre including condominiums totaled 664 for December. This is a 10.9% increase over closed sales for December last year. The average selling price was $209,646 up 7.1% over the average selling price for December 2015 which was $195,769. The median closed sales price this December was $191,215 up 8.6% when compared to December 2015. The End of Year closed sales for 2016 totaled 7,571 up 9.9% over last year when 6,892 sales were reported. This is the best year-end total since 2006. The average sales price for the year is $212,144 up 7.4% over 2015 when the average sales price was $197,439. The median sales price for the year was $195,000 up 8.4% over 2015 when the median sales price was $179,900. Inventory continues to be extremely tight. The inventory as of this report stands at 1,156 single family homes on less than one acre and condominiums. Compared to last year the inventory is down 22.5%. New construction sales saw an increase of 18.9% for the year, 850 v. 715 respectively.

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November 2016 Real Estate Climate Update

  • Dec 09, 2016

SALES UP 39.1% Closed sales of single family homes on less than one acre including condos for November 2016 total 608 compared to November 2015 when the total was 437. AVERAGE PRICE UP 2.5% The average closed price for November 2016 was $206,837 compared to November 2015 when the average price was $201,858.* MEDIAN PRICE UP 9.2% The median closed price for November 2016 was $192,750 compared to November 2015 when the median price was $176,500.* *NOTE: Does not represent home values. INVENTORY DOWN Inventory is down 25.5% compared to November 2015. Current inventory, as of this report totals 1,309 properties which represents a 2.3 month supply. NOTE: Months supply based on closed sales for November. DISTRESSED SALES DOWN Sales of Distressed homes accounted for 6.7% of sales in November 2016 compared to 9.8% in November 2015.

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October 2016 Real Estate Climate Update

  • Nov 29, 2016

ANOTHER POSITIVE MONTH FOR CLOSED SALES IN SEPT. 665 closed sales of single family residential property on less than one acre including condominiums were reported for October. Total sales are up 12.1% when compared to October 2015 when 593 closed sales were reported. The average sales price for this October was $216,344 up 7.4% from October last year’s average sales price of $201,478. Year to date closed sales through October are up 7.6%, 6,290 closed sales compared to 5,847 over the same period in 2015. The average sales price through October is $213,027 up 8% over last year’s average sales price through October of $197,337. The median sales price for October was $198,000 up 10% from last October when the median sales price was $179,950. The year to date median sales price is $195,500 up 8.7% over the median of $179,900 through October. Inventory continues to be tight with 1,709 homes on the market as of this report. This number is down 17.6% compared to last year at this time. New construction sales are up 21.8% year to date, 699 this year through October compared with 574 over the same period last year.

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7 Reasons Fall Might Just Be the Best Time to Buy a Home

  • Oct 28, 2016

Spring and summer usually get all the real estate glory with lofty accolades as the best time to buy a home—and, of course, the busiest. Meanwhile, their seasonal sibling, fall, often gets tossed to the leaf pile by potential buyers who might think autumn is just about haunted houses and turkey dinners rather than house hunting.

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