Now that Christmas is just a few days away, Realtor.com has ranked the HOTEST Real Estate Markets in November. The temperatures may be dropping but California real estate is hot, hot, hot scoring 12 of the top 20 spots with San Francisco as #1. The good news for the rest of the country is trends always seem to start in California and move eastward. This bodes well for our local market in 2016!
Take a look at our local market trends for November:
November 2015 Midtown Montgomery Real Estate Market Update
real estate sales statistics for November 2015, show the number of homes sold increased 77.78% The average sales price increased by 16.83% to $127,464 for the month. The median sales price increased by 16.81% from November 2014. Market times increased by 48 days.
|Midtown Montgomery|| November
|Average Selling Price||$127,464||$109,103|
|Median Selling Price||$111,550||$95,500|
|Days On The Market||198||150|
|Highest Selling Price||$470,000||$268,500|
|Lowest Selling Price||$5,500||$11,250|
Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.