The holiday season is at our door and some times it is hard to close a deal on a home. Timing the market is never easy, because it is a constant change. Comparing the market statistics from last year to now on the Island, the market is increasing.
From 147 homes sold in 2012 to the 163 homes in 2013, there is an increase of almost 11%.
This past November we had 279 sales at an average sale price of a little over $424,000. November's monthly volume was over $118,371,000.Â
This chart shows our increase from last year's number of 191 sales. There has been a 1.46% positive change.
Dollar Volume
| November 2011-2012 | November 2012-13 |
| $63,999,850 | $72,111,572Â |
| Difference | % Change |
| $8,111,722 | 12.67% |
Dollar Volume is "the total value traded over a certain period of time."
We surpassed our goal of 350 sales and have closed 377 sales to date compared to our 2012 numbers of 243.
We hope to end our year with 400 sales.
Posted by Tom Crimmins Realty, Ltd. on
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