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Just Released!!! December 2014 Housing Statistics!!!

• Sales of single family homes and condos up 4.8% from 530 sold in December 2013 to 555 sold in December 2014
 
• Prices – Median price of single family homes and condos sold up 7.5% from $323,750 in December 2013 to $348,000 in December 2014
 
• Inventory – down 7.3% from 1546 on December 31, 2013 to 1437 on December 31, 2014
 
• Supply – At the end of December 2013 there was 2.9 months supply at the current rate of sale. At the end of December 2014, there was 2.6 months supply at the current rate of sale. The market is considered balanced when there is between 7.5 and 8.5 months of supply.
 
• Days on Market – The average days on market for single family homes and condos increased from 157 days at the end of December 2013 to161 days at the end of December 2014.
 
 
*Based on information provided and compiled by MLS Property Information Network, Inc., covering the periods December 1, 2013 through December 31, 2013 and December 1, 2014 through December 31, 2014.