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Thursday, October 8, 2015 - Market Update

While overall area sales are down about 6.7% over 2014, average residential prices in September are down less than 1%.   This past month, prices for single family homes dropped an average of 1.75% and the average price for condominiums fell ~0.7%.  Duplex/rowhouses though increased in price ~ 2.76%.     Average days on market are up ~8.5% to ~53.  Reflecting upon seasonal trends and low interest rates, this is indeed a great time for Buyers.

posted in General at Thu, 08 Oct 2015 10:43:19 -0600

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