What’s happening in this neck of the woods?
50 Active listings on the market ranging in price from $69.900 to $695,000
The average price is $182,180 with a mean of $145,000
The average home is approx. 1870 square feet
Average price per square foot is $95
Average days on the market currently stand at 139.
25 houses Sold in the last six months
Sold prices went from a low, $17,325 to a high of $480,000
The average sale price was $154,200
The average square footage of the sold home was 1970
Average price per square foot was $84.85
The average days on the market were 156.
For the same time frame last year (04/04/10 – 10/03/10)
18 houses sold from a low of $3,825 to a high of $255,000
The average sale price was $139,549
The average square footage of the sold home was 1896
Average price per square foot was $72.79
The average days on the market were 209
This looks like good news.
The average sale price is up 10% and the average days on the market were down 26% with the average dollars per square foot increasing by almost 16%