South Hampton Subdivision Real Estate Market Report
Is it a seller’s, buyer’s or a neutral real estate market?
September 2016 is a Buyer’s market in the South Hampton Subdivision*
Home For Sale in September 2016: 8 units.
• |
Up 100% compared to the last month |
• |
Up 33.3% compared to the last year |
Home Listed in September 2016: 5 units.
• |
Up 25% compared to the last month |
• |
0% compared to the last year |
Home Closed in September 2016: 1 units.
• |
Down 66.7% compared to the last month |
• |
Down 66.7% compared to the last year |
Home Placed under Contract in September 2016: 0 units.
• |
Down 100% compared to the last month |
• |
Down 100% compared to the last year |
*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales
September 2016 Average Sold Price per Square Footage is Neutral in the South Hampton Subdivision*
Average Sold Price per Square Footage in September 2016:$105
• |
Down 5.4% compared to the last month |
• |
Up 7.1% compared to the last year |
*Based on 6 month trend – Appreciating/Depreciating/Neutral
September 2016 Average Days on Market trend Remains Steady in the South Hamoton Subdivision*
Average Days on Market in September 2016: 3
• |
Down 82.4% compared to the last month |
• |
Down 81.2% compared to the last year |
*Based on 6 month trend – Rising/Falling/Remains Steady
September 2016 is a Buyer’s market in the South Hampton Subdivision*
Months of Inventory based on Closed Sales in September 2016: 8
• |
Up 502.5% compared to the last month |
• |
Up 300% compared to the last year |
*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales
from Blogger http://ift.tt/2fMDprJ