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Aviano Single Family Resale And Lease Figures


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Blog by Doug Ingersoll | May 14th, 2016


To see the MLS inventory history of Aviano go HERE.

Analysis of the Aviano single family home resale market:
Inventory AnalysisPrior 7-12 Months
05/14/2015 - 11/13/2015
Prior 4-6 Months
11/14/2015 - 02/13/2016
Current - 3 Months
02/14/2016 - 05/14/2016
Total # of Comparable Sales (Settled) 30 7 11
Absorption Rate (Total Sales/Months) 5.00 2.33 3.67
Total # of Active Listings 12 (Active on 11/13/2015) 10 (Active on 02/13/2016) 28 (Active on 05/14/2016)
Months of Housing Supply (Total Listings / Ab. Rate) 2.4 4.29 7.63
Median Sale & list Price, Dom, Sale/List %Prior 7-12 MonthsPrior 4-6 MonthsCurrent - 3 Months
Median Comparable Sale Price 627,000 587,000 645,000
Median Comparable Sales DOM 57 72 126
Median Comparable List Price 632,450 699,450 609,950

You can see from the total number of active listings that inventory has increased. Even with 3.67 sales per month it puts Aviano at a 7.63 months of housing supply.

Analysis of the Aviano leasing market:
Inventory AnalysisPrior 7-12 Months
05/14/2015 - 11/13/2015
Prior 4-6 Months
11/14/2015 - 02/13/2016
Current - 3 Months
02/14/2016 - 05/14/2016
Total # of Comparable Sales (Settled) 22 12 4
Absorption Rate (Total Sales/Months) 3.67 4.00 1.33
Total # of Active Listings 3 (Active on 11/13/2015) 1 (Active on 02/13/2016) 7 (Active on 05/14/2016)
Months of Housing Supply (Total Listings / Ab. Rate) 0.82 0.25 5.26
Median Sale & list Price, Dom, Sale/List %Prior 7-12 MonthsPrior 4-6 MonthsCurrent - 3 Months
Median Comparable Sale Price 2,775 3,350 3,025
Median Comparable Sales DOM 47 54 40
Median Comparable List Price 4,200 4,200 3,295

Median comparable sale price has slid some but don't be fooled by the current 3 month period; quality single family homes for lease are not plentiful.