Market Report Statistics
Market Report Statistics 30A West
Market Report Statistics on the West end of 30A continue to show strength.
- Absorption rate year-over-year is up 1.12% to 8.13 months but for the year is down 16.10% to 7.92 months of inventory.
- Average list price jumped 37.77% to $1,279,004 year-over-year and year-to-date has risen 17.66% to $954,740 against $811,455 last year.
- Average sale price rose 4.73 for the month of October to $744,275 vs. last Octobers price of $710,688 and year-to-date is up 2.29% to $680,690 against last year’s $665,463.
- Median list price jumped 21.77% year-over-year to $669,000 vs. last October’s $549,395 and year-to-date has risen 10.77% to $574,000 from $519,000.
- Median sale price exploded 36.15% to $580,000 vs. last October’s price of $426,000 and year-to-date is up just 3.83% to $475,000 from 457,500.
- Average days on market fell 19.73% to 118 days from last October’s 147 days and year-to-date is down 3.35% to 173 days vs. 179.
- Median days on market dropped 35.96% to 57 days vs. 89 and year-to-date has fallen 22.88% to 91 vs. 118.
Market Report Volume Sales
- Closed sales dropped 8.8% with 31 closings vs. 34 last October and year-to-date is down 8.1% with 327 vs. 356.
- Pending sales are up 16.7% with 42 against 36 last October and year-to-date is down 2.1% with 374 vs. 382.
- Active listings fell 3.3% year-over-year with 267 against 276 and year-to-date has dropped 5.8% with 779 vs. last year’s 827.
- New listings are down 26.9% year-over-year with 39 vs. 52 and year-to-date have fallen 6.1% with 505 against 538.
Summary Statistics | ||||||
Oct-16 | Oct-15 | % Chg | 2016 YTD | 2015 YTD | % Chg | |
Absorption Rate | 8.13 | 8.04 | 1.12 | 7.92 | 9.44 | -16.10 |
Average List Price | $1,279,004 | $928,374 | 37.77 | $954,740 | $811,455 | 17.66 |
Median List Price | $669,000 | $549,395 | 21.77 | $574,900 | $519,000 | 10.77 |
Average Sale Price | $744,275 | $710,688 | 4.73 | $680,690 | $665,463 | 2.29 |
Median Sale Price | $580,000 | $426,000 | 36.15 | $475,000 | $457,500 | 3.83 |
Average CDOM | 118 | 147 | -19.73 | 173 | 179 | -3.35 |
Median CDOM | 57 | 89 | -35.96 | 91 | 118 | -22.88 |