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Augusta MLS October 2015 Market Trends

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Augusta MLS October 2015 Market Trends

  1. 1. m. : MARKET TREND/ ' Y RE PORT AUGUSTA MLS OCTOBER 2015
  2. 2. än? ? MARKET TREND ? kEzPokT/ V MEDIAN SALES PRICE $180,000 - $150,000 $140,000 ' $150,000 1% $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $_ g" 9' °“§°>°°$°, ›°°å°>°*. °>«°>. °>«°> oc' êoå 0G 30° êø 59° §0 v, QGQ Oo The Median Price for aII homes sold in October was $150,000, which is 6% lower than the median price in September and 1% lower than the median price in October 2014. AUGUSTA MLS OCTOBER 2015
  3. 3. MARKET TREND 'i *N J: r ål/ T s i? . i p p" j p u: 1, : lr-r- n; i [-3127 *f , Åh - xp r- iwigiiyoCii : www 'r i»i: .›: ›.i: 'riii: NZ 7% 700 600 500 476 400 300 200 100 0 , «>, «°-, «>, <°, <°, «°›, <o<›. <o. <o, <›, <o›°› K. 4 O i K ' OC- éo oø ga? Qê? §56 ? Q ego* 30° 39 v09 ge? 05' The Market Trend Report for October showed a 9% decrease in the number of Closed Transactions over September and a 7% increase over sales in October 2014. . a i _ i . Vi p w . , . i _ . .. i, ji i i in < i _ p? ” L , 3": F* Wi' YA* IL n i
  4. 4. MARKET TREND 'i xxx/ Ti? 0 *lf T ; sy i - v »nar s w w: MLRKET 7% 180 160 36 140 - 120 100 so eo 40 20 o ›°°›°*›'*, <°›°>. <°>°>, <°, <°›'°, <°å°. <° oc» §04 oøo s? Qø *a* ? Qx se 3,0 50* v00 (geo oc? The average Days on the Market for aII homes sold in October was 136. This is 2 days less than the average in September and 11 days less than the average in October 2014. : gi MM. i-TTiilAii iv . si *Erzeçrc* ; ri iii
  5. 5. m MARKET TREND vREgPoRT/ J å M0NTHs suPPLY E OF INVENTORY 8.0 - 18% 7.0 6.0 5.0 5.0 4.0 3.0 2.0 1.0 0.0 I I i i i i I i i i i I vx" 45°* 0,4* (59 v? *å *§9 *§0 så V49 qáo 5% , f 00 eo oc; ga Qø e? ?Q ego 30 §9 v9 929 00 The number of Months Supply of lnventory at the end of October was 10.6 which is a 4% increase from September and an 18% decrease from October 2014. AUGUSTA MLS OCTOBER 2015
  6. 6. føm MARKET TREND V REZPORTN Description The Market Trend Report is distributed each month on or about the 3rd. The Report is based on data provided by Terradatum from the local Augusta Multiple Listing Service and is not annualized. While MLS and Terradatum data are believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Data for prior periods is not being recalculated for this report. Definitions Median Sales Price is the median price of all residential properties sold during the month. Closed Transactions are the number of residential transactions closed during the given month. Days on the Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Months Supply of lnventory is the total number of residential properties listed for sale at the end of the month (active inventory) divided by the number of sales contracts signed (pended) during the month). AUGUSTA MLS OCTOBER 2015

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