November 2012 Market Report is Now Available

Download now: November 2012 Market Report

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

•Increase in the Number of Closed Sales to 34,439 (up 19.1%)
•Average Days on Market decreased to 77 days (from 105 days)
•Number of Active Listings decreased 28.2% to 7,336
•Average Sold Price increased 8.2% (from $280,230 to $303,286)
•Units Placed Under Contract increased 20.2% to 42,068
•Total Sales Volume increased 28.9% from $8.1 billion to $10.4 billion
•Absorption Rate decreased from 3.9 months to 2.3 months

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

•Increase in the Number of Closed Sales to 8,460 (up 15.5%)
•Average Days on Market decreased to 78 days (from 117 days)
•Number of Active Listings decreased 37.6% to 1,511
•Average Sold Price increased 12.9% (from $158,520 to $179,036)
•Units Placed Under Contract increased 17.6% to 10,354
•Total Sales Volume increased 30.4% from $1.2 billion to $1.5 billion
•Absorption Rate decreased from 3.6 months to 2.0 months


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