It’s like clockwork, during the November – December holiday season home sales drop off. And this November is no different. Don’t fight it, Enjoy it.
In last month’s report I noted - ‘The big news for much of this year was that sales were UP as much as 14% over 2014. But by September sales had lost ground and were UP just 10%. And now, with the October numbers in the can, we’re UP just 7.4% over 2014’
And now, with the November numbers in the can (and at the risk of splitting hairs) sales are up 6.9% over 2014.
…………………………………………
And depending on how you read the tea leaves - are you an average or a median price disciple - prices for November were either up or down somewhat from October. But no matter how you read them prices this November are eating the dust of last November’s eye popping price performance.
And YTD; ho-hum price performance.
The average is DOWN 2.6% & the median is UP 2.5% over 2014.
And, last and least, sales at $1million+ are now down 29% v. last year. A drop of 7% since October.
The October sales and price report
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
