2020 Q4 Market Report_Digital | Page 53

DETACHED HOMES OVER $ 1M
ATTACHED HOMES UNDER $ 1M
Milton | Q4 2020
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
42 38
$ 2,027 $ 1,511
89 5
59
22 $ 1,873 $ 1,556 190 9.4
-29% + 73 % + 8 % -3% -53% -47%
Total Homes
For Sale

42

Total Homes
Sold

38

Average List Price ( 000 )
$

2,027

Average Sold Price ( 000 )
$

1,511

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
89
Months ’ Supply

5

Source : Trendgraphix All data believed to be accurate , but not warranted .
DETACHED HOMES OVER $ 1M
Morningside | Q4 2020
Including Lenox Park
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
15
20 $ 1,601 $ 1,554 70 3
16
13 $ 1,596 $ 1,488 102 6.8
-6% + 54 % + 0.3 % + 4 % -31% -56%
Total Homes
For Sale

15

Total Homes
Sold

20

Average List Price ( 000 )
Average Sold Price ( 000 )
$

1,601 $

1,554

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
70
Source : Trendgraphix All data believed to be accurate , but not warranted .
Months ’ Supply

3

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