December Market Update - One for the record books!!

How does December 2016 compare to all the other Decembers we have measured over the years?

• Monthly Sales Count = 7,191 - 5th highest (after 2010, 2004, 2011 and 2009)
• Annual Sales Count = 90,027 - 3rd highest (after 2005 and 2004)
• Average Sales Price = $282,067 - 4th highest (after 2006, 2005 and 2007)
• Median Sales Price = $225,000 - 4th highest (after 2006, 2005 and 2007)
• Monthly Average Price per Square Foot = $144.79 - 4th highest (after 2005, 2006 and 2007)
• Annual Average Price per Square Foot = $141.43 - 4th highest (after 2006, 2007 and 2005)
• Dollar Volume = $2.028B - 2nd highest (after 2005)

So, thanks to the 5th strongest sales count and the 4th strongest pricing, we just had the second best December for dollar volume in the last 16 years.

Cromford Daily Observation