Equity Sales Surge YTD May 2014


 

Average Home Price – Single Family: Year-to-date May 2010 vs Year-to-date May 2014

Below graph details the comparison between the average home price in 2010 versus 2014 by city. For example.  Kendall’s average home price year-to-date May 2010 was 273,875.  Such average price has risen to $341,090 year-to-date May 2014.

average home price

How’s the condo-townhouse market? Learn more.

Days On Market or DOM – Single Family: Year-to-date May 2014

The below chart shows the number of days a property stays in the market for sale until it is sold. For example. Kendall’s DOM year-to-date May 2014 is 121 days. In other words, on average…from the moment a home hits the market for sale until it is sold is approximately 121 days.

days on market

 

Transaction Type – Single Family: Year-to-date May 2014

The below graph details the type of sales taking place by city. For example. In Kendall…16% of all sold properties are bank owned. 70% are regular sales. And 13% of all sold homes are short sales.

type of sale

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