November Market TrendsBy 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.
|Total Sold Dollar Volume||$1,143,143,861||up4.1%||down21.1%|
|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%|