Some months you just scratch your head, it seems very strange that the month over month stats of March 2012 versus 2013 are so similar. Interest rates continue to remain low giving buyers and sellers confidence in the local market.
Mar-13 | Mar-12 | % Change | |
Sold Dollar Volume | $3,449,177 | $3,478,000 | less than 1% |
Avg Sold Price | $246,370 | $248,429 | less than 1% |
Median Sold Price | $224,888 | $240,500 | -6.49% |
Units Sold | 14 | 14 | 0.00% |
Avg Days on Market | 73 | 89 | -17.98% |
Avg List Price for Solds | $257,112 | $255,129 | less than 1% |
Avg SP to OLP Ratio | 90.9% | 97.6% | -6.83% |
–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.