Take a close look at the average sold price compared to the average list price. If you have been watching this number closely over the last year, you will notice that the number is typically north of 96 percent. That is a very impressive trend that I expect will continue well into 2015. Enjoy the holiday season!
Nov-14 | Nov-13 | %Change | |
Sold Dollar Volume | $4,559,400 | $2,277,000 | 100.24% |
Avg Sold Price | $325,671 | $325,286 | 0.12% |
Median Sold Price | $242,500 | $323,000 | -24.92% |
Units Sold | 14 | 7 | 100% |
Avg Days on Market | 25 | 14 | 78.57% |
Avg List Price for Solds | $331,646 | $334,700 | -0.91% |
Avg SP to OLP Ratio | 99.3% | 96.4% | 2.97% |