Posts from November 2015

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November
12

3rd Quarter Sales Dip Wipes out Earlier Gains

November 12th, 2015 by Ruhl Marketing Team

As reported by the regional Multiple Listing Services, a decrease in new homes sales of 11% vs. the 3rd quarter last year has erased the modest gains of the first six months and leaves us with a YTD unit decrease of 4% in unit sales. There have been 4% fewer houses and 3% fewer condos sold through 9/30/15. At the same time, house inventory has dropped by 15% and condo inventory by 7%, contributing to a total of 12% fewer new home units available.

The price breakdown for new house and condo sales follows:

Houses: Condos:

Below $300K = 43% Below $200K = 58%

Click Here to Read More...

Categories: Market Updates

Posts from November 2015

3rd Quarter Sales Dip Wipes out Earlier Gains

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Posts from November 2015

3rd Quarter Sales Dip Wipes out Earlier Gains

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