October 2012 Market Report is Now Available

Download now: October 2012 Market Report

YTD (January 1 – October 2011 vs January 1 -October 2012) Single Family Highlights:

•Increase in the Number of Closed Sales to 31,464 (up 19.0%)
•Average Days on Market decreased to 78 days (from 106 days)
•Number of Active Listings decreased 29.5% to 8,108
•Average Sold Price increased 8.0% (from $280,629 to $302,956)
•Units Placed Under Contract increased 20.8% to 39,849
•Total Sales Volume increased 28.5% from $7.4 billion to $9.5 billion
•Absorption Rate decreased from 4.4 months to 2.6 months

YTD (January 1 – October 2011 vs January 1 -October 2012) Condo/Town Home Highlights:

•Increase in the Number of Closed Sales to 7,743 (up 15.1%)
•Average Days on Market decreased to 79 days (from 118 days)
•Number of Active Listings decreased 39.3% to 1,611
•Average Sold Price increased (up 11.5% from $158,965 to $177,273)
•Units Placed Under Contract increased 17.2% to 9,580
•Total Sales Volume increased 28.4% from $1.0 billion to $1.4 billion
•Absorption Rate decreased from 3.9 months to 2.1 months


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