market report statistics east

Market Report Statistics East 30A

Market report statistics East 30A show an amazing continued upward trend in almost every measurable material metric.

Absorption rate is up just a bit year-over-year with 8.28 months of inventory vs. 8.66 months last November for an 8.66% change while year-to-date inventory has risen 2.06%.
Average list price rose 9.60% to $1,614,071 from last November’s price of $1,472,660. Year-to-date the price is up 14.86% to $1,374,397 against last year’s $1,196,562.
Average sale price jumped 69.69% year-over-year to $1,320,624 from $778,717 and year-to-date has risen 8.06% to $1,049,036 vs. $970,823 last year.
Median list price climbed 27.92% year-over-year to $1,150,000 from $899,000 and year-to-date grew 15.81% to a price of $879,000 from $759,000.
Median sale price soared 40.95% year-over-year to $857,500 from last November’s $698,352. Year-to-date the price advanced 6.80% to $707,000 from $662,000.
Average days on market is up 32.50% to 159 days vs. 120 last November while year-to-date has dropped 18.18% to 144 days against 176 days.
Median days on market has surged 80.00% to 108 days vs. 60 year-over-year and has fallen 9.20% for the year to 79 days against 87 last year.

Market Report Statistics East Volume

Closed sales jumped 26.9% with 66 closed sales in November vs. 52 last November and year-to-date remains up 5.4% with 853 sales for the year vs. 809 last year.
Pending sales are up 8.8% with 62 vs. 57 year-over-year while year-to-date we are down 1.4% with 863 vs. 875.
Active listings rose 14.0% with 635 for November vs. 557 last November and year-to-date are up 6.1% with 1860 total against 1753 last year.
New listings surged 14.6% to 94 vs. 82 year-over-year and year-to-date expanded by 6.8% to 1310 vs. 1227.