January 2013 Market Report is Now Available

Download now: January 2013 Market Report

YTD (January 2012 vs January 2013) Single Family Highlights:

•Increase in the Number of Closed Sales to 2,343 (up 17.6%)
•Average Days on Market decreased to 80 days (from 103 days)
•Number of Active Listings decreased 30.2% to 5,834
•Average Sold Price increased 10.8% (from $272,328 to $301,827)
•Units Placed Under Contract increased 24.6% to 3,535
•Total Sales Volume increased 30.3% from $543 million to $707 million
•Absorption Rate decreased from 4.2 months to 2.5 months

YTD (January 2012 vs January 2013) Condo/Town Home Highlights:

•No change in the Number of Closed Sales at 477
•Average Days on Market decreased to 70 days (from 108 days)
•Number of Active Listings decreased 39.6% to 1,260
•Average Sold Price increased 16.5% (from $146,544 to $170,769)
•Units Placed Under Contract increased 38.3% to 896
•Total Sales Volume increased 49.0% from $70 million to $104 million
•Absorption Rate decreased from 4.4 months to 2.6 months


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