Market Report May 20

Dated: 05/20/2016

Views: 314

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

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