It’s been several months since I did a year-to-date look at the market. This chart looks at the first 10 months of the year. As you can see, we have had some small changes this year.
We have a drop in volume by 4.5% but increase in sales price by about 3%.
In general, things have been pretty flat for the last few years. Take a look at the median price for 2009-2011. That is the very definition of a flat market.
Total Sales | Average Price | Median Price | Median DOM | |
2012 | 1010 | $220,765 | $216,000 | 52 |
2011 | 1058 | $214,102 | $206,000 | 58 |
2010 | 981 | $215,222 | $205,000 | 55 |
2009 | 972 | $211,116 | $205,000 | 57 |