Market Summary for the Beginning of 2013 from The Cromford Report Here are the basic ARMLS numbers for January 1, 2013 relative to January 1, 2012 for all areas & types: Active Listings (excluding AWC): 17,121 versus 18,221 last year - down 6.0% - and down 5.5% from 18,122 last month Active Listings (including AWC): 20,942 versus 24,788 last year - down 15.5% - and down 9.0% from 23,012 last month Pending Listings: 8,026 versus 9,086 last year - down 11.7% - and down 12.5% from 9,170 last month Monthly Sales: 7,069 versus 7,626 last year - down 7.3% - but up 3.7% from 6,820 last month Monthly Average Sales Price per Sq. … [Read more...]

Market Summary for the Beginning of December from The Cromford Report Here are the basic ARMLS numbers for December 1, 2012 relative to December 1, 2011 for all areas & types: Active Listings (excluding AWC): 18,122 versus 19,377 last year - down 6.5% - but up 7.0% from 16,939 last month Active Listings (including AWC): 23,012 versus 26,655 last year - down 14% - but up 2.7% from 22,399 last month Pending Listings: 9,170 versus 10,171 last year - down 9.8% - and down 6.3% from 9,785 last month Monthly Sales: 6,718 versus 7,127 last year - down 5.7% - and down 7.4% from 7,255 last month Monthly Average Sales Price per Sq. … [Read more...]

Market Summary for the Beginning of November Here are the basic ARMLS numbers for November 1, 2012 relative to November 1, 2011 for all areas & types: Active Listings (excluding AWC): 16,939 versus 19,578 last year - down 13% - but up 9% from 15,562 last month Active Listings (including AWC): 22,399 versus 27,063 last year - down 17% - but up 4% from 21,624 last month Pending Listings: 9,785 versus 10,509 last year - down 7% - but up 1% from 9,714 last month Monthly Sales: 7,009 versus 7,496 last year - down 6% - but up 9% from 6,440 last month Monthly Average Sales Price per Sq. Ft.: $103.94 versus $80.69 last year - up … [Read more...]

Market Summary for the Beginning of October In September we started to see a change from the summer doldrums that have hung around since June. Before we comment on what's going let us examine the basic ARMLS numbers for October 1, 2012 relative to October 1, 2011 for all areas & types: Active Listings (excluding AWC): 15,562 versus 19,327 last year - down 19% - and up 8% from last month Active Listings (including AWC): 21,624 versus 26,869 last year - down 20% - and up 5% from last month Pending Listings: 9,714 versus 10,841 last year - down 10% - and down 4% from last month Monthly Sales: 6,719 versus 7,645 last year - down … [Read more...]

Market Summary for the Beginning of September Courtesy of Cromford Report During August we continued the market's three month wind-down following its springtime frenzy. The basic numbers for September 1, 2012 relative to September 1, 2011 for all areas & types across ARMLS are: Active Listings (excluding AWC): 14,405 versus 19,216 last year - down 25% - and up 7% from last month Active Listings (including AWC): 20,678 versus 26,820 last year - down 23% - and up 3% from last month Pending Listings: 10,125 versus 11,508 last year - down 12% - and down 3% from last month Monthly Sales: 7,573 versus 8,470 last year - down 11% - … [Read more...]