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December 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Month
$2,495,000 $2,965,324 $1,050,000 $1,050,000 34 1 333 $1,890 $968 34.0 85.8%
3 2 2 1 1 0
LM
L3M PYM
YTD
Prior YTD
Prior Year
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
December Property sales were 1, up from 0 in December of 2010 and the same as the 1 sales last month. December 2011 sales were at their highest level compared to December of 2010 and 2009. December YTD sales of 8 are running 60.0% ahead of last year's year-to-date sales of 5.
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 09 10 11
Prices
The Median Sales Price in December was $1,050,000, up from $0 in December of 2010 and up 147.1% from $425,000 last month. The Average Sales Price in December was $1,050,000, up from $0 in December of 2010 and up 147.1% from $425,000 last month. December 2011 ASP was at the highest level compared to December of 2010 and 2009.
(000's)
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 34.0 months was at its highest level compared with December of 2010 and 2009.
50 45 40 35 30 25 20 15 10 5 0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 09 10 11
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.
11 13
17 16 17 17 18
25
29 29
45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 33 34
37 36 34 35 38 38 40
0 0 1 0 0 0 1 0 0 0 1 0 2 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 2 0 1 0 0 1 1 1
50 45 40 35 30 25 20 15 10 5 0
December 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for December was 333, up 150.4% from 133 days last month and up from 0 days in December of last year. The December 2011 DOM was at its lowest level compared with December of 2010 and 2009. 1,000 800 600 400 200 0
Average Days on Market (Listing to Contract) for properties sold during the month
3 Mo Avg
333
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 09 10 11
Average Selling Price per Square Foot for properties that sold during the month
3 Mo Avg
1,000 500
0 0
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 09 10 11
85.8%
Inventory
New Listings
Sales
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 09 10 11
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.
11 13
17 16 17 17 18
25
29 29
45 47 46 43 45 44 46 42 42 41 38 36 35 37 38 39 36 33 34
37 36 34 35 38 38 40
December 2011
Nicole Truszkowski
CIPS, CLHMS, TRC, Broker Associate
Inventory
47 44 46
New Listings
Sales
45
40
43
42
41
40
38 38 37 36 35
42
38
36
34
35
36
35 30
29 25
37
38
39
25 20
17 17 16
15
11
10 5
13
17
18
29
0 0 3 0
1 0 0 1 0 0 0 1 1
0 2 0
1 3 0 2 2
0 3 0 3 1
1 2 1 3 0
0 2 0 3 1
1 2 0 2 2 2 0 2 1 3 0 2 0
0
J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D
Copyright Sothebys International Realty | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of MLS Listings Inc. and may not reflect all relevant real estate activity. Sothebys International Realty does not warrant or guarantee does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.
1 0 1 1 1
33
34