Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Sudden Valley Dec 2014 Real Estate Statistics
December 2014 is a Buyer's market!
The number of for sale listings was down 21.8% from one year earlier and down 4.4% from the previous month. The number of sold listings decreased 36.4% year over year and decreased 56.2% month over month. The number of under contract listings was down 9.1% compared to the previous month and up 25% compared to the previous year.
The Months of Inventory based on Closed Sales is 6.1, up 22% from the previous year.
The Average Sold Price per Square Footage was down 21.9% compared to the previous month and up 2.5% compared to last year.
The Median Sold Price decreased by 11% from last month.
The Average Sold Price also decreased by 14.2% from last month.
Based on the 6 month trend, the Average Sold Price trend is "Depreciating" and the Median Sold Price trend is "Neutral".
The Average Days on Market showed a neutral trend, a decrease of 5% compared to the previous year. The ratio of Sold Price vs. Original List Price is 89%, a decrease of 3.3% compared to the previous year.
I the table below home prices are given in 1,000's of US dollars
Below is a 15 month ... more
Are you on The Rain? Grow Your Network!