Bradford Hills 1st Quarter 2012
The Bradford Hills Spring Market Report is being reported with the Holt Woods Market Report because of the similarities of the properties and there was not a large number of sales.
2011 | 2012 | Percent Change | |
# of Homes Sold | 5 | 4 | -20% |
Average list Price | $192,720 | $188,050 | -2% |
Average Sales Price | $182,720 | $181,500 | -1% |
Days on the Market | 92 | 99 | 8% |
Prices seem to have finally hit bottom even though we're reporting a slight decline compared to the first quarter of 2011.
Bradford Hills and Holt Woods currently have 12 properties listed as active with 3 having contingencies on them. The one Pending sale is a Short sale.
Bradford Hills has just 9 homes available for purchase. this is a 7 month supply of Inventory. 6 months is considered balanced so 7 says we're slowly turning away from the Buyers market that buyers have enjoyed the past few years.
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