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January Market Report Summary
– “January 2012 unit sales at 436 are the highest unit sales for a January in history. This number is up from January 2011sales by 19.5% and is down 17.1% from December 2011. We continue to see record year over year sales. The decrease in sales from December 2011 is normal trend with many homeowners rushing to close their home before the end of the year
commented Kevin Sigstad, 2012 President and a broker with Re/Max Premier Properties.
_ Median Sales Price
– January 2012 median price was down 12.9% to $135,000 compared to $155,000 in December 2011 indicating the high volume of lower priced homes being sold in today market.
_ Price per Square Foot Solds
– Price per square foot is at $84.86.
_ Number of Units Sold
– January ended the month with 436 sold transactions, down 17.1% from the prior month.
– Sales are up 19.5% from the same period last year.
_ Average Days on Market
– The average days on market are 145 days, down 2.3% from December 2011.
_ New Listings
578 new listings were taken in January compared to 428 in December, a 35.0% increase from December but a 19% decrease from January 2011.
Reach for the Sky
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