January 2011 Market Report is Now Available

The January 2011 Market Report is now available

Single Family Highlights Include:

  • Decrease in the Number of Closed Sales to 1,724 (down 6.4%)
  • Average Days on Market increased to 120 days
  • Number of Active Listings increased 5.2% to 13,714
  • Absorption Rate increased to 8.1 months (up 21.4%)
  • Average Sold Price increased (up 6.7 % from $260,530 to $277,922)

Condo/Town Home Highlights Include:

  • Decrease in the Number of Closed Sales to 432 (down 15.6%)
  • Average Days on Market increased to 123 days
  • Number of Active Listings decreased 5.8% to 4,176
  • Average Sold Price decreased (down 4.8 % from $157,701 to $150,085)

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