Back in June, when things were still looking very rosy, I did a piece titled I think it’s safe to say we’ve passed the bottom , where I compared sales and sale prices for the period of March 1 to June 10 (approximately 100 days) for both 2013 and 2012. And the results were very positive and encouraging, hence the title I think it’s safe to say … Check out that post and you’ll see that sales and prices for that period in 2013 were all UP and in positive territory vs. 2012.
And wondering now how those impressive gains are holding up I decided to do a follow-up looking at that same criteria for the approximately 100 days from August 1 thru November 10.
Here are the results;
| 2012 | 2013 | the score | vs. June when 2013 was | |
| # homes sold | 208 | 205 | - 1.4% | +7.3% |
| avg list $$ | $472,165 | $460,684 | - 2.4% | +2.6% |
| med list $$ | $399,000 | $400,000 | + .25% | +12% |
| avg sold $$ | $449,829 | $441,875 | - 1.7% | +4.8% |
| med sold $$ | $390,000 | $390,000 | 0 % | +14% |
| % of SP/LP | 96.2 | 96.7 | +.52% | +1.9% |
| DOM | 83 | 96* | + 15% | - 26% |
Looking at the results in June I said;
So more homes are selling, they’re selling faster, they’re being listed and sold for more $$,
and they’re selling closer to list price than they were last year. What more could we ask for.
Well, how bout a repeat performance.
No such luck though, we’ve lost that edge, we’re now behind or at the same place we were at this time last year.
And comparing this latest 100 days to the 100 days this past spring, forgetaboutit, not even close. But comparing the spring market to now there’s a legitimate seasonality issue that mucks up the comparison.
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