January 2012 Market Report is Now Available

The January 2012 Market Report is now available

YTD (January 2011 vs January 2012) Single Family Highlights:
Increase in the Number of Closed Sales to 1,993 (up 15.6%)
Average Days on Market decreased to 103 days (from 120 days)
Number of Active Listings decreased 39.1% to 8,356
Average Sold Price decreased (down 2.0% from $277,922 to $272,328)
Units Placed Under Contract increased 12.9% to 2,838
Total Sales Volume increased 13.3% from $479 million to $543 million

YTD (January 2011 vs January 2012) Condo/Town Home Highlights:
Increase in the Number of Closed Sales to 477 (up 10.4%)
Average Days on Market decreased to 108 days (from 123 days)
Number of Active Listings decreased 50.0% to 2,087
Average Sold Price decreased (down 2.4% from $150,085 to $146,544)
Units Placed Under Contract increased 2.4% to 648
Total Sales Volume increased 7.8% from $65 million to $70 million


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