Real Estate Information

Real Estate Information

Published on 1st March 2024  

March “math”  from the Resort Area Market...

The February resort area median price was down 0.5% month on month from $404,419 to $402,500, whilst the average days a home takes to close was unchanged from January at 105 days. The total inventory was up by just 7 homes compared to January's at 2,775 listings and 2% up from December's inventory of 2,719.   A home that did sell during the month closed at an average of 97.8% of its listed price, which compares to 97.6% in the previous month. During February, 314 homes were withdrawn from the market, having failed to sell, which was below the January withdrawn total of 319 but up on the  260 withdrawn during December 2023.  The total pipeline number of homes under…

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November “numbers”  From The Resort Area.

The average days it now takes for a home in our market to close stands at 100 days, which is 3 days up on the October figure of 97 and 34 days higher than the 66 days it took in November 2022. Total sales during the month of 263 were 35 below the 298 a year ago and 43 below the 306 closings recorded last month. A home selling in the resort area during November achieved an average of 97.7% of its listed price, which was unchanged from October but down from the 100.03% level achieved twelve months ago.  November month-on-month median price saw a marginal increase from $372,320 to $372,862, but from a year ago, prices were up 5% from the one-year median of  $358,875.  Total listings across the market saw an…

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

                                                                               Community Report

August 'arithmetic' From The Resort Area. Published 1st September 2022   August inventory levels climbed again during the month with the total number of homes now listed for sale standing at 911 which was an increase of 4.6% from the 871 listings of last month. Year on year total inventory has climbed 86% from the 489 total listings recorded twelve months ago. The markets median price continued to rise with the  August price setting a new record of $341,311 which was a 27.4% increase from the one year ago price level of $267,937. Month on month the August median price represented a 1.6% increase from the $335,875 price of July.  Total sales during August of 363 were down 27.8% from the 464 closings recorded in the corresponding month last year. …

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

                                                                               Community Report

July 'journal' From The Resort Area.   The resort area saw closed sales during July totaling 412  which was  8% down on last months 445 closings and 18.2% down on the one year ago total of 487 .  A home that sold during the month achieved  99.9%  on average of the listed price and took a total of 63 days to close compared to  98.6% and 97 days respectively that was being achieved 12 months ago. The markets median price continued to climb with the July price of $335,875  representing a  27.4%  increase from the one year ago price of $263,438 . Month on month,  Julys median price was up 2.4% from the  $328,000  recorded in June.  Overall inventory levels climbed during the month with the total number of homes listed for sale revised…

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

                                                                               Community Report


June 'journal' From The Resort Area.   Resort area inventory levels continued to climb during June as the total number of homes listed for sale increased 35% from in May 451 to 692 in June. Year on year overall inventory is up by 307 homes or 45% from the 385 total twelve months ago. Total sales during the month of 445 were down 15% from the 523 closings last month and also down from the 525 sales achieved in  June 2021.  During June the average days on market that a home took to sell was 64 which was 12 days faster than last month and some 35 days below the number of days it took a year ago. A home that closed during June went on to achieve 99.9% of its listed price which is up on the 98.7% level being achieved last June.  The markets median…

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

                                                                               Community Reports