December 2012 Market Report is Now Available

Download now: December 2012 Market Report 

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

•Increase in the Number of Closed Sales to 37,164 (up 18.2%)
•Average Days on Market decreased to 77 days (from 105 days)
•Number of Active Listings decreased 28.1% to 6,366
•Average Sold Price increased 8.7% (from $279,858 to $304,178)
•Units Placed Under Contract increased 19.5% to 45,410
•Total Sales Volume increased 28.5% from $8.8 billion to $11 billion
•Absorption Rate decreased from 3.4 months to 2.1 months

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

•Increase in the Number of Closed Sales to 9,135 (up 14.9%)
•Average Days on Market decreased to 77 days (from 116 days)
•Number of Active Listings decreased 37.4% to 1,340
•Average Sold Price increased 12.9% (from $159,141 to $179,616)
•Units Placed Under Contract increased 11.2% to 11,002
•Total Sales Volume increased 29.7% from $1.3 billion to $1.6 billion
•Absorption Rate decreased from 3.2 months to 1.8 months


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