September was a month that we may choose to forget in terms of the real estate market. Overall speaking we saw half the amount of solds than we normally see over the last 10 years. Even with prices up significantly in the past 5 years there was only $217M in total sales which is the lowest we have seen since September 2018 and single family homes sales was the lowest in total volume in the last 10 years. In this weeks video we are going over the real estate stats and the winners and losers.
Total Sales Sales 273 New Listings 988 Current Inventory 2,769 Median Days to Sell 48 Average Days to Sell 59 Months of Inventory 10.14 Median Sale Price $671,000 Average Sale Price $795,884 Total Volume Sold $217,276,241 *Total Sales
Single Family Sales 121 New Listings 509 Current Inventory 1,426 Median Days to Sell 36 Average Days to Sell 48 Months of Inventory 11.79 Median Sale Price $900,000 Average Sale Price $1,108,796 Total Volume Sold $134,164,349 *Single Family Active Listings
Townhome Sales 42 New Listings 153 Current Inventory 349 Median Days to Sell 54 Average Days to Sell 50 Months of Inventory 8.31 Median Sale Price $650,000 Average Sale Price $710,740 Total Volume Sold $29,851,100 *Townhome Months of Inventory
Apartment Sales 72 New Listings 219 Current Inventory 533 Median Days to Sell 37 Average Days to Sell 50 Months of Inventory 7.40 Median Sale Price $464,000 Average Sale Price $531,634 Total Volume Sold $38,277,642 *Apartment Sales