| Market Statistic |
Reading
|
Extreme
|
Date
|
|---|---|---|---|
| Annual Sales $/SF | $81.74 | record low | 11/21/11 |
| Annual Sales $/SF as % Peak | 44.3% | record low | 11/21/11 |
| Appreciation – Long Term $/SF | -1.5% | record low | 11/1/11 |
| Average Price – Annual Sales | $156,967 | record low | 11/21/11 |
| Average Price – Monthly Sales | $151,032 | record low | 9/5/11 |
| Median Price – Monthly Sales | $107,000 | record low | 2/24/11 |
| Monthly Sales $/SF | $78.83 | record low | 9/15/11 |
| Monthly Sales $/SF as % Peak | 41.4% | record low | 9/15/11 |
| Pending Listings $/SF | $77.59 | record low | 8/20/11 |
These are based on the current millennium (2001 onwards). The figures shown are for the entire ARMLS area and all dwelling types are included. For-sale-by-owner, auctions and other non-MLS transactions are not included.
September 5, 2011 is currently the candidate for the lowest monthly average sale price and September 15, 2011 saw the lowest monthly average sales $/SF. Since September 15 all readings have been higher for both these measures.
The lowest median sales price was recorded on February 24, 2011.
With prices in the market having moved much higher during the last year there have been no new low set since November 21, 2011.
Above information was compiled by The Cromford Report.
