2017 Year End Market Report

Zane Fikany January 15, 2018


The 2017 Real Estate market outperformed the 2016 market in every statistical category. There were a total of 1978 homes sold which is an increase of 196 homes, over 2016, when there were 1782 homes sold. Days on market also improved from 100 days, down to 87 days. We also saw an increase in average sales price which is up to $188,441 compared to last year of $173,380. Overall sales volume for 2017 was $371,612,538 ! That’s a 20 percent increase from 2016s, $308,964,557. Bottom line is, the real estate market in 2017 had more sales, for more money, and sold in less time.  Remember, real estate is local, neighborhood by neighborhood, price range by price range. If you are considering selling, let us analyze your home specifically. And if you are looking to buy, every real estate market has opportunity in it you just have to know where.

 

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