November Market Trends

By Judi Wilcher in Blog.

The November Market Trends number were posted and we wanted to share the activity in the market.  Sold volume is up over this time last year and the median sold price and average sold price reflect increases over this time year.

Statistic Nov 2015 YoY MoM
Total Sold Dollar Volume $1,143,143,861 up4.1% down21.1%
Closed Sales 4,471 down3.2% -23.3%
Median Sold Price $196,000 up7.1% +0.5%
Average Sold Price $255,680 up7.5% +2.8%
Median Days to Contract 34 days down15% +6.3%
Average Days to Contract 58 days down13.4% +1.8%
Median Days to Settle 79 days down3.7% +4%
Average Days to Settle 102 days down6.4% +3%
Median Price per Sq Foot $96 up9.1% +2.1%
Avg Sold to Orig List Ratio 94.99% up1% -0.7%