|
 |
This graph shows the number of homes for sale and the number sold by month.
Average price per square foot based on houses that sold each month.
This shows the total days on the market (cumulative) and the price the house sold for related to the original list price, as a percentage. So for the month of August the average sale price was 98% of the original listing price. This is a great way to see the trend in home prices.
The green line for the average price for sale, and the red line for average sold price show us the same trend in prices.
This is an important statistic. Typically when we have 4-6 months of inventory, we have a stable market, under 4 months is a seller's market, and over 6 months is a buyer's market.
|
|