The good news is, that with the exception of May and June, more homes sold in September than in every other month this year. And even more impressive, more homes sold this September than in any September since September 2004. And for the most part it’s not just a few more sales, it’s more like 30 to 50% more. So a big September, for sales.
Total sales YTD are as follows;
2013 January – September 708 homes sold
2014 January – September 593 homes sold
So we’re still trailing last year by 16%, but in July we were trailing by 23% and in August by 19%. So we’re down, but we’re moving up.
However, September sold prices didn’t fare nearly as well. With the exception of February and July, September prices came in lower than every other month this year, though quite a bit higher than last September.
YTD, here are the average/median sold prices.
2013 January – September $458,066/ $390,000
2014 January – September $485,663/ $400,000
thru September, prices are now UP 6% & 2.6% avg/median from last year. Which is drop from where they were in August, 6% & 5.7%. And a mixed bag from the 4.4 & 4.3% they were up in July. One thing’s for sure, prices aren’t going thru the roof.
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