Coastal Market Update – December 2014

Coastal Trends Dec 2014

In December

Homes for Sale: 1605 units

  • Down 16.3% compared to the last month
  • Up 10.8% compared to the last year

Homes Closed: 604 units

  • Up 20.1% compared to the last month
  • Up 1.5% compared to the last year

Homes Placed Under Contract: 448 units

  • Down 23.2% compared to the last month
  • Up 0.2% compared to the last year

Average Days on the Market: 52

Average Price Per Square Foot: $431

Average Active Price: $1,829,000

Average Sold Price: $924,000

Months of Inventory – Closed Sales: 2.7

Months of Inventory – Pending Sales: 3.6

Statistics courtesy of Trendgraphix.
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