While last month we didn’t see much in the way of movement from the same time last year, this month paints an entirely different picture. Sold volume, average sold price, median sold price, units sold all showed sizeable gains from this time last year. Southwest is clearly in demand, take a look at the average days on market: 17.

Apr-13 Apr-12 % Change
Sold Dollar Volume $6,436,205 $2,926,500 119.93%
Avg Sold Price $357,567 $243,875 46.62%
Median Sold Price $306,000 $219,250 39.57%
Units Sold                  18                 12 50.00%
Avg Days on Market                  17               175 -90.29%
Avg List Price for Solds $366,939 $251,333 46.00%
Avg SP to OLP Ratio 97.4% 96.4% 1.08%

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.

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