Mid week, last week, I put up the sales figures associated with waterfront properties in Lancaster county. I stated that I thought there were the greatest number of sales in that county....and then sort of hedged thinking that Northumberland might actually have the most. Well the same comparisons that I did with Lancaster and done here. Also, I'm going to copy and paste this and put it on the end of the Lancaster statistics so it's easy to see which county is more active.
These numbers are January 1 through July 30, waterfront residential sales in Northumberland county
$400,000 and under
WF residential January 1-- July 30 |
2013 |
2014 |
2015 |
Active |
# sold |
26 |
25 |
35 |
110 |
$ sold (millions) |
6.8 |
6.8 |
9.6 |
33.2 |
Median sales price |
272,000 |
269,500 |
285,000 |
300,000 |
Median days on market |
306 |
246 |
212 |
169.5
|
Lots of sales, and I'll check but I'm pretty sure that there are more sales in Northumberland than Lancaster in this segment. Obviously 2015 is the healthiest one of the years noted here. These years are the best since 2008, so 2015 is really an improved market. More sales, more dollars, increased median sales price and reduced median days on market. Nothing to complain about here!
$400,000 to $800,000
WF residential January 1-- July 30 |
2013 |
2014 |
2015 |
Active |
# sold |
21 |
17 |
17 |
94 |
$ sold (millions) |
10.5 |
8.7 |
8.9 |
52.4 |
Median sales price |
458,000 |
455,000 |
540,000 |
499,250 |
Median days on market |
197 |
171 |
179 |
129
|
This one I'll have to check when I go back and look at Lancaster (and as I said....I'm posting this after the Lancaster post so you have everything together. You can either look at this in and of itself or go back and compare with me). This looks pretty flat. Obviously same sales as last year. Slightly increased dollars, higher median sales price and slightly raised median days on market. Quite a bit of inventory here.
$800,000 and above
WF residential January 1-- July 30 |
2013 |
2014 |
2015 |
Active |
# sold |
1 |
2 |
5 |
37 |
$ sold (millions) |
825,000* |
1.7 |
4.9 |
46.0 |
Median sales price |
825,000 |
871,750 |
950,000 |
999,000 |
Median days on market |
147 |
211 |
105 |
165
|
I don't even think I have to look to know that this segment is smaller in Northumberland. But within the context of Northumberland only it is obvious that this segment is doing better this year. Five sales, more dollars, higher median sales price and considerably reduced median days on market. Plenty of inventory.