Real Estate Information | Page #3

Real Estate Information

***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.…

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

                                                                               Community Reports

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November 'numbers" From The Resort Area...   The November resort area median price reached $279,875 which was an increase of 1.4% from the October median of $275,875 and up 12.5% from the November 2020 median of $248,425. Total closings during the month of 505 were 4 higher than the previous month and 21.1% up on the 417 sales recorded a year ago. The average days on market that a home now takes to sell is down 3 days from last month at 86 and 8 days below the 96 day average recorded last November. A sold home achieved 99.5% of the listed price on average which compared to the 97.8% level of twelve months ago. Inventory levels overall fell month on month during November by 25% from 534 homes to 428 while year on year inventory levels are down by…

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

                                                                               Community Reports

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  October 'oracle" From The Resort Area...   Total sales during October were up 8.7% from September at 501 closings compared to 461. Year on year sales were also 35% higher than the 371 closings during October 2020. The resort area median price stands at $275,875 which is an increase of  1.1% from last months median of $272,763 and an increase of 11.7% from the October 2020 median of $246,965. Inventory levels are down by 9.6% month on month from 586 listings in September to 534 this month while year on year inventory levels are down by 73% from the 1,461 listings back in  October 2020. The average days on market that a home takes to sell is down 2 from last month at 89 which was also down 8 days from the 97 days of a year ago. A sold home…

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September 'signs' From The Resort Area...   Inventory levels overall were up 20% month on month in September across the resort area with 586 homes listed for sale compared to the 489 total in August. From one year ago total listed home inventory reveals a very different picture with the number of homes listed in September 2020 at 1,484.  The markets median price reached $272,763 which is an increase of 1.8% from last months $267,937 and an 11.5% increase from the September 2020 median price of $244,658.  Total closings during September of 461 sales was just 3 homes less than last month but represented a  6.7% increase on the 432 closings recorded during September 2020.The average days on market that a home now takes to sell was down 2 from a month…

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

                                                                               Community Reports

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August 'announcements' From The Resort Area...   The Resort area median price reached $267,937 during August which represented an increase of 1.7% from last months $263,438 and a rise of 10.8% from the August 2020 median price of $241,750.  The average days on market that a home took to sell in our market was 4 lower than a year ago at 93 days whilst the average price percentage achieved when considered against listing price was 98.9%  which compares to 98.6% last month and 97.8% a year ago. Total sales during the month of 464 closings was 4.9% lower than last months 487 sales but 31.9% higher than the 369 closings during August 2020. For forward guidance, the number of homes under offer/contract awaiting closure stood at 816 at the month end which…

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

                                                                               Community Reports

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June 'market numbers' From The Resort Area...   Total inventory fell again during June but at a much reduced pace from recent months as the total number of homes listed for sale across the resort market place declined from 404 to 385 which compares to a very different picture to the 1480 listings available for purchase in June 2020 at the height of Pandemic uncertainty. During the month 525 homes changed hands which compared to 520 last month and the 300 sales recorded twelve months ago. A home that sold during June achieved on average 98.7% of the asking price compared to 98.2% last month and closed after an average 99 days from offer which was a fall of 1 day from the 100 days recorded last month. The markets median price stood at $260,738 which…

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