April 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 24% from 2017 with 832 units on the market and down 8% from the previous month. The median listing price was just under $430,000. The average days on market was down 14% from 65 days in 2017 to 56 days in 2018. The median sales price was just over $320,000. The averages for units sold in the month of March decreased 15% for units sold year over year and increased 38% month over month with a total of 307 units sold.

Washington County – Condominiums: Active inventory was down 16% from 2017 with 124 units on the market and down 18% from the previous month. The median listing price was just over $220,000. The average days on market was up 2% from 46 days in 2017 to 47 days in 2018. The median sales price was just under $190,000. The averages for the month of March show an decrease of 19% for units sold year over year and 5% increase over the previous month with a total of 60 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