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December 2012 Market Report
– “December unit sales at 524 are the highest unit sales for a December in history. This number outpaces December 2010 sales
by 8% and is up 6.1% from November. Year-end sales for 2011 were the second highest in the history of the MLS,”
commented Kevin Sigstad, 2012 President and a broker with Re/Max Premier Properties. “We are optimistic that these are
early and positive signs of a move toward recovery.”
_ Median Sales Price
– December 2011 median price was up 3.9% to $155,400 compared to $149,506 in November 2011.
_ Price per Square Foot Solds
– Price per square foot is at $88.73.
_ Number of Units Sold
– December ended the month with 524 sold transactions, up 6.1% from the prior month.
– Sales are up 8% from the same period last year.
– Total sales for 2011 are the second highest in history and off just 4% from 2005, which is defined as the peak of the market.
_ Average Days on Market
– The average days on market are 148 days, up 1.4% from November 2011.
_ New Listings
425 new listings were taken in December compared to 502 in November, a 15.3% decrease
Reach for the Sky
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