• $35.1 Million in Gross Volume for February 2019  / up 1.5% from 2018 – we’re still down 9.3% YTD
  • 67 transactions for February 2019 / down 2.9% from 2018 and we’re still 8% from 2018 YTD.
  • Average Residential Price continues to climb. Last month it was $710,000. This month, now YTD (2 months) it’s climbed to $728,000. (Up 2.5% in one month)
  • In almost every price point, Average Residential Prices are up. In fact, we’re headed into our 5thstraight year of price increases.
    • Let’s back up to 2014. Average Price was $567,000 for Improved Residential Sales.
    • 2015 it was down 3.1%to $549,000.
    • 2016 it reboundedup 3.3%to $568,000
    • 2017 saw a 4% increaseto $592,000
    • 2018 whoa – Up 13.7%to $686,000
    • 2019 YTD (ONLY 2 months) $728,000 is UP 5.7%from average 2018 in just 2 months.
  • In 4 years and 2 MONTHS – the average residential price has seen an increase of 26.7% —  7% UP

Want more information? Take a look at the links below and check out my other vlogs!

 

Charlie

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