Market Snap-shot

August 2015 vs. August 2016

129 - Single family homes sold, 17.3% more sales than August 2015

608 - Active single family listings on the market, 16.1% less than 2015

21 - Single family homes that sold for cash, which is 16.3% of single family sales
(The lowest % in 2 years. Has been 20-30% for 2 years)

$121,721 - Average sales price for single family homes, 12.8% more than August which was $107,948.


Year to Date 2015 vs. 2016
 
886 - Total number of houses sold year to date for 2016 (.6% more than 2015)

Average Sales Price is up 3.6%

Average sales price was $107,274. for 2015 and currently $111,111. for 2016

The average days on the market is the same.


Bottom Line 2015 vs. 2016

August this year had 19 more home sales than August last year.

129 houses sold this August and 110 last August.

This year, we have 4.71 months of inventory available and last year was 6.59 months.

We have less homes on the market (608 for 2016 vs. 725 for 2015)

Less houses available & more houses selling in 2016 for Decatur MLS

The average sales price is up 3.6%, the number of sales is up

Average days on the market are the same

Number of homes on the market is down 15.2%


Who do you know that I should know that is looking to buy or sell a home?

Featured Listing

899 E Lake Shore Drive Unit 1CAlready renovated, this spacious Lake View Condo is Perfect!!

Click here for more information on this Lake Condo

 

September Birthday Blessings… 

 A special THANK YOU for referring people our way to the following:

Jan Mckenzie
Dave Alderson
Cartus Relocation (CAT)
Kenny Baker

 New Generation of Home Buyers...