Back to the numbers and seeing where we stand now that we're in to June. In my book we are really right on track with what we saw at the beginning of last month. More sales in 2016 and fewer dollars. This is true of all residential and also waterfront residential. Ironically with a considerable drop in number of land sales, we have increased dollars for 2016.
Residential sales 1/1 to 6/1
| |
2015 |
2016 |
Active |
| # sold |
166 |
187 |
792 |
| $ sold (millions) |
51.3 |
49.8 |
|
| Median sales price |
237,000 |
203,000 |
|
| Median days on market |
205.5 |
223 |
|
Waterfront residential sales 1/1 to 6/1
| |
2015 |
2016 |
Active |
| # sold |
83 |
94 |
447 |
| $ sold (millions) |
40.5 |
37.7 |
|
| Median sales price |
400,000 |
349,500 |
|
| Median days on market |
226 |
250.5 |
|
Million dollar plus waterfront sales have been six (6) in 2015 at this point in the year. There have been two (2) thus far this year, with 42 active.
Dollars from those sales were $7.4 million in 2015 and $2.87 million in 2016.
Land sales 1/1 to 6/1
| |
2015 |
2016 |
Active |
| # sold |
50 |
39 |
441 |
| $ sold (millions) |
4.2 |
4.9 |
|
| Median sales price |
39,250 |
49,000 |
|
| Median days on market |
215.5 |
265 |
|
