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Report from ORRA Week of Dec. 3rd

Sales of single-family homes decreased to 462 during the week of Dec 3, from 691 the week prior.

Week of December 3, 2017

Single-Family Existing Homes

  • Sales of single-family homes decreased to 462 during the week of Dec 3, from 691 the week prior
  • The median price of single-family homes decreased to $246,259, a change of -2.3%
  • The number of single-family home foreclosure transactions decreased to 15 last week, from 32 the week of Nov 26
  • The number of single-family home short-sale transactions decreased to 2 from 11 the week prior
  • Single-family inventory decreased by 78, and now sits at 7,671

Condos, Townhomes, and Villas

  • Sales of condos, townhomes, and villas decreased to 140 during the week of Dec 3, from 203 the week prior
  • The median price of condos, townhomes, and villas decreased to $156,250, a change of -8.1%
  • The number of condo, townhome, and villa foreclosure transactions decreased to 3 last week, from 7 the week of Nov 26
  • The number of condo, townhome, and villa short-sale transactions increased to 3 from 1 the week prior
  • Condo inventory decreased by 19 and now sits at 2,036

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