The November market statistics continue to show the strength of the local housing market based on dollar volume, up 17%, days on market, down nearly 43%, and a rise in the median and average sold prices of homes. Inventory has tightened which does tend to happen this time of year. The bulk of the sales took place in the $100-$199K price range with 73 of the 138 total sales happening in that price range.
Year to date, we’re looking at 1,519 total sales versus 1,338 at the same time last year. Click on the link below to see the November statistics. Statistics provided by RBI market statistics from MRIS. Copyright © 2016 MarketStats by ShowingTime. All Rights Reserved. Data Source: MRIS. Statistics calculated December 05, 2016.