Found 2 blog entries tagged as November 2014.

  • We are in a Seller's market for houses with 24% of the homes selling within a month and we are in a Buyer's Market for attached homes with 13% of the homes selling within a month.
  • Sales are up 12.3% from a year ago!
  • Inventory is down -4.1% from a year ago.
  • The detached housing market has 4.5 months of inventory while our attached market has 8.2 months.
  • The average price of a house is $569,787
  • The average price of an attached home is $281,158.

If we compare from a year ago (November 2013):
Prices are up 4.8% for houses and down 1.2% for attached homes.

Now... there are some areas that are selling better than others just as some areas offer better buying opportunities.  Here are the three most expensive areas:

For Detached…

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  • We are in a Seller's market for houses with 36% of the homes selling within a month and we are also in a Seller's Market for attached homes with 24% of the homes selling within a month.
  • Sales are up 15% from a year ago!
  • Inventory is down -11.5% from a year ago.
  • The detached housing market has 3 months of inventory while our attached market has 4.5 months.
  • The average price of a house is $718,832
  • The average price of an attached home is $321,871.

If we compare from a year ago (November 2013):
Prices are up 9% for houses and up 1% for attached homes.

Now... there are some areas that are selling better than others just as some areas offer better buying opportunities.  Here are the three most expensive areas:

For Detached…

690 Views, 0 Comments