Some
folks are saying "the lights went out this month". Now I am and
always will be an optimist. Giving the
choice- the cup will always be ½ full.
But I see our market flatting out, ebbing in a way that makes sense. If we keep seeing the 15-20%
equity build as we have in the past 2 years- then I think I would be worried.
As I think
you would see the chart explain well- Click on the link to see all of them
Summary Statistics
|
||||||
Sep-13
|
Sep-12
|
% Chg
|
2013 YTD
|
2012 YTD
|
% Chg
|
|
Absorption Rate
|
3
|
2.69
|
11.52
|
2.82
|
2.54
|
11.02
|
Average List Price
|
$377,728
|
$332,695
|
13.54
|
$291,739
|
$247,968
|
17.65
|
Median List Price
|
$219,999
|
$179,900
|
22.29
|
$190,000
|
$153,900
|
23.46
|
Average Sale Price
|
$236,389
|
$199,251
|
18.64
|
$230,632
|
$188,666
|
22.24
|
Median Sale Price
|
$185,000
|
$150,000
|
23.33
|
$175,000
|
$139,100
|
25.81
|
Average CDOM
|
62
|
67
|
-7.46
|
62
|
73
|
-15.07
|
Median CDOM
|
35
|
32
|
9.38
|
36
|
37
|
-2.70
|
As always,
if you have any questions or would like to see what is going on specific to
your neighborhood- please give me a call 480-570-1912
