December 2017 Washington County Real Estate Market Video Update

December 2017 Washington County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Washington County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Washington County – Single Family Homes: Active inventory was down 20% from 2016 with 894 units on the market and down 8% from the previous month. The median listing price was just under $390,000. The average days on market was down 15% from 62 days in 2016 to 53 days in 2017. The median sales price was just over $310,000. The averages for units sold in the month of November decreased 2% for units sold year over year and decreased 9% month over month with a total of 273 units sold.

Washington County – Condominiums: Active inventory was down 26% from 2016 with 122 units on the market and up 2% from the previous month. The median listing price was just over $210,000. The average days on market was down 13% from 31 days in 2016 to 27 days in 2017. The median sales price was just under $180,000. The averages for the month of November show an decrease of 23% for units sold year over year and 23% decrease over the previous month with a total of 34 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update