The Numbers

 ***Published on 1st June 2025***  

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

A home sold during May achieved on average 97.1%  of its final listed price, unchanged from April but down from the 98.1% level achieved twelve months ago.  The average days a home took to close during April was unchanged from the previous month at 125, whilst the average days a home spent on the market over the past 30 days was 85, which compares to an 80-day average over the last 12 months. The April median price fell to $395,000 from $399,900 in April and was also down 2.3% from the April 2024 median price of $404,000.  The May sales total of 329 was down from the April total of 361 and the 444 sales recorded in May 2024.   The number of homes Pending- under…

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***Published on 1st September 2024***  

August “answers ”  from the Resort Area Market... 

The August median home price was unchanged from July at $400,000  but remained down 1.1% from the January median price of 404,418, whilst the average days that a home takes to close was up by 2 days from July at 114  and 3 higher than 111-day average recorded in June.  The trend of rising inventory slowed in August, with the total number of listings at 3,162. Little changed from 3,157 in July, but it was above the 2,767 total listings recorded in January 2024.  Total sales during August of 326 homes were down 96 on the previous month and down 75 on the resort area closings recorded during June.  A home that closed during August did so at an average of 97.8% …

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

                                                                               Community Reports

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

                                                                               Community Reports

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Published on 1st November 2016

October 'oracle' From The Resort Area...

Total closings across the resort area were down a net 17 homes from last month as 263 homes changed hands in October while year on year figures recorded 32 less closings than the October 2015 sold total. Overall inventory of homes was up 16 from last month at 1939 and up 76 from October last year. By type month on month figures revealed that normal owner listings increased by a net 16 at 1939, bank owned were up 1 at 40 and short sales increased by 2 to 29. The average days on market that a home takes to sell was down by 1 from last month at 133 whilst the average price that a sold home achieved considered against listing price was 97% which is unchanged from last month. The…

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

                                                                                Community Report

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September 'summations' From The Resort Area...

Inventory levels in September were up a net 33 homes from August to a revised 1923 listings which was 69 homes above the 1854 total of September 2015. By listing bank owned month on month listings were down 9 at 39 whilst short sale listings fell 4 at 27. Normal owner listings showed an increase in net inventory as 46 homes were added during the month to give a revised 1857 total.  The September activity report also detiled that 281 homes changed ownership in the short term rental communities during the month which was 50 below August and 39 lower than the 523 total closed in September 2015. The average days on market that a home takes to sell was down 3 to 134 but up 3 from the 131 level of September…

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

                                                                                Community Report

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August 'arithmetic' from the Resort Area...

The resort area market reported 331 sales in August which was a 14.6% increase in closings compared to August 2015 and 13 higher than the July 2016 318 closed total. Homes that sold achieved an average 97% of asking price which was up slightly from the 96.8% recorded last month. Homes that sold did so after an average 137 days on the market, up 1 from last month and 8 higher than the 129 days it took for a home to change hands the same month last year. The median price of an area home was up 7.4% year on year to $177,183 with inventory levels almost unchanged from a year ago at 1890 homes listed for sale. By type current inventory comprised 1,811 normal owner listings, 48 bank owned homes and 31 short sales.…

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

                                                                                Community Report

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