Market Report May 20

Dated: 05/20/2016

Views: 328

What you need to KNOW.



1. Inventory

                                -582 SINGLE FAMILY HOMES

                            -93 CONDOS

                            -36 FACTORY BUILT

                            -7 TOWN HOMES


2. What Market We Are In

               -With 724 Active Listings total. and 177 selling last month, we are at 4 months of inventory; A seller's market. (When                                      inventory is down, demand goes up. When demand goes up, price follows)


3. Average Sales Price - 247,965 

                           (up 18% over the last 2 years)


4. Average List Price - 255,653


5. List to Sale Ratio - 97%

                       (Shows that the market is improving, values are coming up)



6. Average Days On Market - 72


#Havasucharles #theAteam

Want to Advertise on this Site?

Latest Blog Posts

Barbeque Come On Down And Have Some Food And Fun

                                                      

Read More

Should You Rent Or Should You Buy

Zillow recently released their annual Buy-Rent Breakeven Horizon Study.   Basically, the study calculates how much time it takes for buying a home to make more financial sense than renting

Read More

Ben Hicks Yoga

Tucked away on main street there is a door that leads to a magical place of zen and uncomfortable positions. Of course what I am talking about is Ben Hicks Yoga. This yoga place offers amazing yoga

Read More

Trust Me You Need A Casita

Why do you need a casita? Buying a home with a casita makes excellent sense in terms of both property value and convenience. With a variety of different uses, casitas can serve as:Mother-in

Read More