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Aviano Velocity of Sales as of 7-14-17


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Blog by Doug Ingersoll | July 14th, 2017


Fannie Mae 1004MC Statistics

Inventory AnalysisPrior 7-12 Months
07/14/2016 - 01/13/2017
Prior 4-6 Months
01/14/2017 - 04/13/2017
Current - 3 Months
04/14/2017 - 07/14/2017
Total # of Comparable Sales (Settled) 30 15 16
Absorption Rate (Total Sales/Months) 5.00 5.00 5.33
Total # of Active Listings 17 (Active on 01/13/2017) 27 (Active on 04/13/2017) 42 (Active on 07/14/2017)
Months of Housing Supply (Total Listings / Ab. Rate) 3.4 5.4 7.88
Median Sale & list Price, Dom, Sale/List %Prior 7-12 MonthsPrior 4-6 MonthsCurrent - 3 Months
Median Comparable Sale Price 597,500 537,500 622,500
Median Comparable Sales DOM 88 117 73
Median Comparable List Price 629,000 649,900 649,000
Median Comparable Listings DOM 230 155 86
Median Sale Price as % of List Price 98 % 98 % 97 %

Prepared by Doug Ingersoll, Doug & Kathy Ingersoll PC All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
DND2 ( D o N ot D isplay or D isclose) - the data in fields marked with DND2 is confidential, for agent use only, and may not be shared with customers or clients in any manner whatsoever.
07/14/2017 10:25 AM © 2017 ARMLS and FBS.
DMCA

5 a month sell like clockwork. The variable is the total number of active listings which is actually 38 for a 7.13 month supply of inventory. Median comparable sales price is up and median comparable sales days on market is down. If a home is priced at fair market value, is located well and is the exact model a buyer is looking for it will go quickly. Otherwise look out.