Watercolor Homes for Sale and Market Statistics

Watercolor Homes for Sale and Market Statistics

Watercolor Beach Day

Watercolor homes for sale are doing well with the September 2015 market snapshot below. The absorption rate dropped year-over-year (YOY) by 11.12% and year-to-date (YTD) by 1.13% so it will take less time to sell current inventory. Average list price jumped a solid 15.78% YOY and 11.58% YTD. Median list price increased by 14.48% YOY and 8.27% YTD. On the other hand, average sale price dropped a whopping 28.18% YOY but still maintained a YTD increase of 15.57%. With more YOY drops like that YTD numbers are sure to take a major hit. Median sale price held its own in the positive with a 1.83% gain YOY while holding onto a strong 10.47% for the year. Average days on market fell 23.68% YOY but is up 15.67% for the year so overall it’s still taking longer to sell homes in Watercolor in 2015 as compared to 2014. Median days on market sky-rocketed to 57.14% YOY and sits at 1.56% YTD. Sold listings for the month are dead even with 2014 while YTD are just over 6% higher than 2014. Pending sales were up 83.3% for September! YTD pending sales are up a strong 15.2% so this market continues to show resiliency in sales. Active listings are down 4.8% YOY and 5.5% YTD with new listings up YOY 14.3% and down 8.3% YTD so we could be looking at a shortage of Watercolor Homes for Sale if this keeps up.


  Sep-15 Sep-14 % Chg 2015 YTD 2014 YTD % Chg
Absorption Rate 10.79 12.14 -11.12 11.34 11.47 -1.13
Average List Price $1,884,448 $1,627,650 15.78 $1,765,346 $1,582,080 11.58
Median List Price $1,597,000 $1,395,000 14.48 $1,499,495 $1,385,000 8.27
Average Sale Price $1,110,833 $1,546,667 -28.18 $1,515,478 $1,311,270 15.57
Median Sale Price $1,110,000 $1,090,000 1.83 $1,287,000 $1,165,000 10.47
Average CDOM 116 152 -23.68 251 217 15.67
Median CDOM 77 49 57.14 130 128 1.56

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