You can view the full report by clicking the picture to the right. Below is an overview and video…
- The median sales price went up again to $224,900. A 4.7% increase compared to October. Up 24.3% compared to the same time last year. This isn’t exclusive to regular sales (up 7.6%) as REOs went up 9.9% and short sales were up 8.3%.
- Number of units sold was down 14% compared to last month. Typical of this time of year and the high list prices sellers are putting out.
- Average days on market was up 8.9% to 105. Short sales average 226 days, regular sales 76, and REOs 114.
- Months supply of inventory crept up to 4.1 months. Still a seller’s market.
For more information on buying or selling in this diverse market contact Ricky Beach at (775) 393-9601 or Ricky@RickyBeach.com