Sizzlin’ Summer

Not only have our tempertures been hot this summer, with a average temperatures of 91°, our local Real Estate market has been on fire!  While our summer residential sales numbers have remained consistent with previous years, the sales volume (prices) have increased!  This is great news for sellers.  If you’re looking to purchase, I’d say no time is better than the present.  As statistics show prices are rising, however interest rates remain steady.

YearNumber of SalesSales Volume
2015133$31,355,960
2016130$33,356,887
2017129$38,828,100

As for lot sales, we’ve seen a nice spike in number of transactions, while the sales volume has fluctuated quite a bit.  To our sellers, hold your head high and dont be discouraged, there are many lots available, but the numbers show they’re moving!  Due to a less than plentiful housing inventory many buyers are purchasing land and building.  If you’re a buyer, your options are unlimited!  Get what you want why the inventory is abundant!

YearNumber of SalesSales Volume
201587$5,676,700
201690$15,980,527
2017104$10,316,250
Share this