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.
| Summary Statistics | ||||||
| Nov-16 | Nov-15 | % Chg | 2016 YTD | 2015 YTD | % Chg | |
| Absorption Rate | 8.28 | 7.62 | 8.66 | 8.43 | 8.26 | 2.06 |
| Average List Price | $1,614,071 | $1,472,660 | 9.60 | $1,374,397 | $1,196,562 | 14.86 |
| Median List Price | $1,150,000 | $899,000 | 27.92 | $879,000 | $759,000 | 15.81 |
| Average Sale Price | $1,320,624 | $778,717 | 69.59 | $1,049,036 | $970,823 | 8.06 |
| Median Sale Price | $857,500 | $608,352 | 40.95 | $707,000 | $662,000 | 6.80 |
| Average CDOM | 159 | 120 | 32.50 | 144 | 176 | -18.18 |
| Median CDOM | 108 | 60 | 80.00 | 79 | 87 | -9.20 |
