Real Estate Information | Page #2

Real Estate Information

 

May 'memorandum' From The Resort Area.

Inventory levels across the resort area have increased 38.7% from last month with 451 homes listed for sale in May compared to the 325 of last month. Year on year listings also rose to be up 24.3% from the 404 homes available during May 2021. The average days on market that a home now takes to sell increased by 5 days from the previous month at 76 but remained 24 days below the 100 day period it took for a home to close a year ago. A home that did sell achieved on average 99.8% of its listed price which was just sightly down on the 99.9% level of April 2022. The markets median price continued to increase and stood at $319,950 which was a 2.9% increase from April and represented a rise of 24.4% from the

The May Team Donovan community sales reports have now been updated and are available from the following link:

                                                                               Community Reports

 

April 'Answers" From The Resort Area...

The resort area saw 441 homes change hands during April which was 71 lower than the 512 sales in March and 123 adrift of the 564 sales recorded in April 2021.  Total net inventory was up by 19% as the number of homes listed increased from 273 last month to 325 in April but was still 42% below the 461 listings of exactly a year ago. The markets median price continued to rise and closed the month at $310,900 recording a 2.5% increase from last month and a 17.9% rise on the $255,306 price recorded a year ago. Total sales during April of 441 represented a decrease of 13.9% from the 512 sales during March and also a 21.9% decrease on the 564 closings in April 2021.  A home that closed during April achieved on…

April 'Answers" From The Resort Area..

The resort area saw 441 homes change hands during April which was 71 lower than the 512 sales in March and 123 adrift of the 564 sales recorded in April 2021.  Total net inventory was up by 19% as the number of homes listed increased from 273 last month to 325 in April but was still 42% below the 461 listings of exactly a year ago. The markets median price continued to rise and closed the month at $310,900 recording a 2.5% increase from last month and a 17.9% rise on the $255,306 price recorded a year ago. Total sales during April of 441 represented a decrease of 13.9% from the 512 sales during March and also a 21.9% decrease on the 564 closings in April 2021.  A home that closed during April achieved on average 

The March Team Donovan community sales reports have now been updated and are available from the following link:

                                                                               Community Reports

February 'facts" From The Resort Area...
 
The February resort area sales total of 448 closings was up on the 418 sales of last month and an increase of 11.7% against the 401 closings of February 2021.  The markets median price climbed to $298,900 and represented an increase of 2.2% from the January median price of $292,300 and 18.4% up from the February 2021 median price of $252,362. The average days that a home now takes to close was down 3 days from last month at 79 days and down 15 from the 97 day level seen a year ago. A home that closed during February achieved on average 99.9% of its listed price compared to the 97.8% level being achieved twelve months ago. During the month 40 homes were withdrawn from the market having failed to sell whilst…

The February Team Donovan community sales reports have now been updated and are available from the following link:

                                                                               Community Reports

January 'numbers" From The Resort Area...
 
The January resort area median price stood at $292,300 representing an increase of 2.2% from the December 2021 median of $286,000 and up 16.5% from the January 2021 median price of $250,800. Total sales during the month of 418 were 65 lower than the December total of 483 but 49.5% up on the 323 sales recorded in January 2021. The average days on market that a home now takes to sell is down days from the previous month at 84 and 8 days below the 96 day average recorded a year go. A January sold home achieved an average of 99.5% of its listed price which compared to the 97.9% level that was being achieved twelve months ago.  Inventory levels overall continued to fall to record low levels month on month with…

The January Team Donovan community sales reports have now been updated and are available from the following link:

                                                                               Community Reports

***Published on 1st January 2022***

December "data" from the Resort Area Market...

The last Team Donovan review of 2021 reveals that the median price of a resort area property has increased by 14.2% during the past 12 months increasing from from $250,305 in December 2020 to $286,600. Total inventory across the market has  fallen significantly over the same period from the 1,306 homes available a year ago to the 385 listings available December 2021. The average days on market that a home took to close during December was 84 which compares to  a 86 day total in November 2021 and the 99 days it was taking in December 2020.  A home sold during the month closed at an average 99.4% of its listed price which compares to an average 97.4% twelve months ago.…