Monday mornings I like to review the market statistics, such as ‘Price Range Statistics’, ‘Property Type Year to Date ActivityÂ Report’, and ‘Year Over Year Comparison’. Â It’s fun to look at the numbers. Â For instance, the average price for the 9 properties that sold so far this year is, $1,054,444; Residential sales have been coming in at 91.6% of list price; The average sale price is down by 13% Â while the sales are up 50% compared to this time last year. Â Keep in mind our market is a small one, the 50% increase in sales comes down to 6 properties sold at this time last year and this year we have a grand total of 9. Â Pending properties are up 46% from last year at this time, with 22 homes under contract.
This sunset picture was taken last night at the villa SEAclusion on Ajax Peak, where you have dual views, the North Shore, Coral Harbor and down island to Norman Island and beyond. Â VRBO #512438, a beautiful villa in a great location. Â Questions about real estate contact Jane 941.544.5855