Monday, April 16, 2018
By Bob Cross
Domore Drakulich's  Market Report 4/16

The Market by The Numbers

 

Median List Price: $459,448

 

Ask Price Per Square Foot: $219

 

Average Days on Market: 94

 

Percent of Properties with Price Decrease: 22%

 

Percent Relisted: 4%

 

Percent Increased: 7%

 

Median House Size: 2298

 

Median Lot Size: .25-.5 acre

 

Median Number of Bedrooms: 4

 

Median Number of Bathrooms: 2.5

 

Market Action Index: 34.3—seller’s advantage

 

 

 

The Market by Quartiles:

 

Most Expensive 25% of Properties:

 

Median Price: 1,089,500

 

Sqft: 4141

 

Lot Size: .5-.1 acre

 

Upper-Middle 25% of Properties:

 

Median Price: $544,472

 

Sqft: 2632

 

Lot Size: .25-.5 acre

 

Lower-middle 25% of Properties:

 

Median Price: $394,975

 

Sqft: 1957

 

Lot Size: 6,501-8,000 sqft

 

Least Expensive 25% of Properties:

 

Median Price: $284,950

 

Sqft: 1440

 

Lot Size: 6,501-8,000sqft

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