I don’t see a holiday slow down in these stats. Average sold price, median sold price and units sold are all up compared to November 2011. I expect this trend to continue as long as inventory remains low. (The information below is deemed reliable but not guaranteed.)

November 2012 November 2011 % Change
Sold Dollar Volume $7,173,750 $2,108,649 240.21%
Avg Sold Price $298,906 $263,581 13.40%
Median Sold Price $251,500 $205,074 22.64%
Units Sold 24 8 200%
Avg Days on Market 64 141 -54.61%
Avg List Price for Solds $305,013 $260,938 16.89%
Avg Sale Price to Original List Price Ratio 96% 93.4% 2.44%

Courtesy of Jason Martin, a real estate professional & resident of Southwest. He may be contacted by phone at (202) 641-0299 or by e-mail at jason@jasonmartingroup.com.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.