WOW! what a month. Sharply lower sales and Sharply higher sold prices.
This November came in 3rd, for the lowest sales in two years,
Bottom line, YTD Total sales are as follows;
2013 January – November 773 homes sold
2014 January – November 674 homes sold
So we’re still trailing last year by –11.5% , but last month we were trailing by -13%, and in August by -19% and back in July by -23% . So sales are still down vs.. last year, but they’re closing the gap.
And November also came in with the Highest Sold prices in the last two years. (the median sold was $6k higher in October 2013 but this November’s average was $62K higher, so…)
YTD, these are the average/median sold prices.
2013 January – November $461,591/ $394,500
2014 January – November $491,832/ $400,000
So, even with November’s sharp rise, prices are still UP just 6.5% average & 1.4% median over 2013. Better than a sharp stick .. but,
The October report is HERE
see TheFoothillsToday.com
to find your Catalina Foothills Home
