THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN NORTHERN LANE COUNTY'S
MOHAWK VALLEY
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
Sales in the Mohawk Valley remain slim.
For the sixth time in the decade only one home sold during February.
The supply of available homes has gone down for two Februarys in a row.
Average price is wildly lower based on that one sale being toward the low end.
Here, for the
MARCOLA / MOHAWK VALLEY
RMLS Market Area, are:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of FEBRUARY
2001 - 2012:
And a decade of Average Prices for Closed Sales
for the
Months of FEBRUARY
2001 - 2012:
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.
Comments (1)Subscribe to CommentsComment