First, we seem very on pace with last January at the mid month point and since the majority of real estate closings happen the last week of the month I feel like we'll surpass the total number of sales of 14 for last year in January. We'll be down from December I suspect, but that's pretty typical because from Thanksgiving to New Year's the lake market is usually a little slower by nature as people are busy with holiday and family things.
The average selling price is up over last month and seriously up over last January. And while days on the market are way way there was one listing that sold after 1,194 days on the market. That seriously raised the average for the first half of the month. But I suspect as we get to the end of the month it will be lower and the median DOM is just 33, the low is just 13.
Check back around the 10th of February for the full report on January. I know there will be at least one more sale to add to that.