November 2018 – Georgian Triangle Market Snapshot
OVERVIEW
2ND BEST EVER NOVEMBER DOLLAR SALES, WITH PRICES UP AND EXPIREDS DOWN
YEAR-TO-DATE SALES VOLUME OF $880,150,619
Down 14% from 2017’s record $1,024,876,698, with units of 1766 down 18% from 2017’s
2160. New listings of 3031 down 5% from 2017, with the sales/listings ratio of 58% down 10%.
NOVEMBER SALES VOLUME OF $75,265,937
Up 2% from last November’s $73,997,120. Units of 134 down 12% from 153 of a year ago, with new listings up 8% and expired listings down 9%. The sales/listings ratio of 73% was down 14%.
YEAR-TO-DATE AVERAGE SALE PRICE OF $498,387
Up 5% from 2017’s $474,480. Average days-on-market of 48 is up 6 days.
