Collins Group Realty's 2015 State of the Market Report | Page 17

oldfield YEAR 2012 2013 2014 SALES 16 15 15 AVG PRICE $415,508 $526,753 $552,527 HIGHEST SALE $640,000 $1,400,000 $920,000 LOWEST SALE $245,000 $310,000 $355,000 AVG DOM 158 213 121 Not only did the average sales price in Oldfield increase in 2014, but the median price did as well with nearly twice as many homes selling over $500,000 when compared against 2013. Furthermore, almost 40% of the sales in 2014 were “re-listings” after failing to sell between 2010 and 2013. AVG DOM 93 89 89 Old Town Bluffton historically has limited turnover and there is a diverse mix of property types and price points, so the average price comparison is not necessarily a reliable indicator of value trending. What is important to note is the solid sales activity in 2014, spurred in part by the excitement surrounding the Old Town commercial district! old town bluf