It has been a busy start to the selling season for homes in the area. So far this year 19 homes have sold for an average price of $718,000 a significant improvement from the average of $578,000 during the same period last year. Strong demand has resulted in homes selling, on average, for more than their list price.
|
Columbia Forest, Clair Hills and Vista Hills |
|||
|
Monthly Market Update |
|||
|
February |
|||
|
2020 |
2019 |
2018 |
|
|
Homes Sold |
15 |
5 |
6 |
|
Average List Price |
$706,000 |
$576,000 |
$607,000 |
|
Average Selling Price |
$727,000 |
$563,000 |
$602,000 |
|
% of List |
103.0% |
97.7% |
99.2% |
|
Days on Market |
12 |
71 |
42 |
|
Year to Date (Jan 1- Feb 29) |
|||
|
2020 |
2019 |
2018 |
|
|
Homes Sold |
19 |
14 |
10 |
|
Average List Price |
$699,000 |
$586,000 |
$610,000 |
|
Average Selling Price |
$718,000 |
$578,000 |
$612,000 |
|
% of List |
102.7% |
98.6% |
100.3% |
|
Days on Market |
16 |
35 |
36 |
Demand is quite high and there are very few homes available for sale at the moment. Spring is typically the best time to sell so if you are considering it please let me know.