The November 2011 Market Report is now available
YTD (November 2010 vs November 2011) Single Family Highlights:
Increase in the Number of Closed Sales to 28,906 (up 1.9%)
Average Days on Market increased to 105 days
Number of Active Listings decreased 33.0% to 10,213
Average Sold Price decreased (down 0.9% from $282,717 to $280,230)
Units Placed Under Contract decreased 3.6% to35,735
Total Sales Volume increased 1.0% from $8.02 billion to $8.10 billion
YTD (November 2010 vs November 2011) Condo/Town Home Highlights:
Decrease in the Number of Closed Sales to 7,325 (down 1.5%)
Average Days on Market increased to 117 days
Number of Active Listings decreased 47.9% to 2,421
Average Sold Price decreased (down 1.3% from $160,533 to $158,520)
Units Placed Under Contract decreased 7.8% to 8,806
Total Sales Volume decreased 2.8% from $1.2 billion to $1.16 billion