Sold Properties | Number of properties sold during the year New Properties | Number of properties listed during the year.
MEDIAN SALES PRICE AND NUMBER OF SALES
September 2022 | All Property Types
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price. Number of Sales | Number of properties sold.
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
September 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold. Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
September 2022 | All Property Types
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
September 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold. Properties for Sale | Number of properties listed for sale at the end of month.
PROPERTIES FOR SALE AND SOLD PROPERTIES
September 2022 | All Property Types
Properties for Sale | Number of properties listed for sale at the end of month. Sold Properties | Number of properties sold.
AVERAGE ASKING/SOLD/UNSOLD PRICE
September 2022 | All Property Types
Unsold Price | the average active list price Asking Price | the average asking price of sold properties Sold Price | the average selling price
ABSORPTION RATE
September 2022 | All Property Types
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
MONTHS SUPPLY OF INVENTORY
September 2022 | All Property Types
Months Supply of Inventory | Properties for sale divided by number of properties sold. Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.