It is time for the quarterly sunshine report. This quarter is a bit less rosy than last but still fairly good in the residential department.  Here’s the summary:

 

Residential Home Sales are down 24% with 19 sold compared with 25 last year. The number under contract is only slightly down with 20 pending compared with 21 last year. Sold volume is up fifteen percent due to strength in the high end of the market. The median sale price is up 29% over last year for the same reason.

 

Land Sales are down 74% with only 9 sales this year compared with 34 last year. Number under contract is down 25% with 15 contracted as compared with 20 last year. The sold volume is down 79% with the average sale price at $422,944 compared with $566,162 last year. It’s a good time to start your search for a foothold!

 

Condo Sales are stable with five sold this year as well as last year during the same period. This year however, 6 are under contract where there were none last year. Sold volume is down slightly 8% with the average sale price down the same 8% from $697,800 to $641,600.

 

For specific sale dates and prices go to “Sales History” in our site.

Karye

Filed under: General