|
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
|
3
12 $ 491 $ 381 66 1.8
|
12
6 $ 533 $ 243 44 8.5
|
-75% + 100 %
-8% + 57 % + 50 % -78%
|
Total Homes
For Sale
3 |
Total Homes
Sold
12 |
|
Average List Price ( 000 )
$
491 |
Average Sold Price ( 000 )
$
381 |
|
SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
|
6 Months ’ Supply
Balanced market with stable supply and demand
|
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .
|
Average Days On Market
66 |
Months ’ Supply
1.8 |
|
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
|
5
7 $ 297 $ 334 18 6
|
3
7 $ 292 $ 298 24 2.1
|
+ 67 % 0 % + 2 % + 12 % -25% + 190 % |
Total Homes
For Sale
5 |
Total Homes
Sold
7 |
|
Average List Price ( 000 )
$
297 |
Average Sold Price ( 000 )
$
334 |
|
SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
|
6 Months ’ Supply
Balanced market with stable supply and demand
|
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .
|
Average Days On Market
18
Source : Trendgraphix All data believed to be accurate , but not warranted .
Months ’ Supply
6 |
36 |