March 2018 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 22% from 2017 with 870 units on the market and up 5% from the previous month. The median listing price was just under $420,000. The average days on market was down 10% from 63 days in 2017 to 57 days in 2018. The median sales price was just under $330,000. The averages for units sold in the month of February decreased 5% for units sold year over year and decreased 8% month over month with a total of 213 units sold.

Washington County – Condominiums: Active inventory was down 11% from 2017 with 126 units on the market and down 3% from the previous month. The median listing price was just under $225,000. The average days on market was up 16% from 38 days in 2017 to 44 days in 2018. The median sales price was just over $190,000. The averages for the month of February show an increase of 6% for units sold year over year and 7% decrease over the previous month with a total of 53 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