Palisade Park Real Estate Market Report
Is it a buyer’s, seller’s or neutral real estate market?
September 2016 is a Neutral market in the Palisade Park Subdivison*
Home For Sale in September 2016: 5 units.
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Down 16.7% compared to the last month |
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Up 66.7% compared to the last year |
Home Listed in September 2016: 5 units.
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Up 400% compared to the last month |
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Up 66.7% compared to the last year |
Home Closed in September 2016: 1 units.
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Down 75% compared to the last month |
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Down 66.7% compared to the last year |
Home Placed under Contract in September 2016: 2 units.
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Down 33.3% compared to the last month |
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0% 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 Palisade Park Subdivision*
Average Sold Price per Square Footage in September 2016:$87
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Down 16.3% compared to the last month |
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Down 10.3% compared to the last year |
*Based on 6 month trend – Appreciating/Depreciating/Neutral
September 2016 Average Days on Market trend is Rising in the Palisade Park Subdivision*
Average Days on Market in September 2016: 36
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Up 56.5% compared to the last month |
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Up 5.9% compared to the last year |
*Based on 6 month trend – Rising/Falling/Remains Steady
September 2016 is a Neutral market in the Palisade Park Subdivision*
Months of Inventory based on Closed Sales in September 2016: 5
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Up 233.3% compared to the last month |
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Up 400% 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
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