Just Released – November 2013 Market Report

By Emily

The Carroll County November 2013 Market Report has just been released and can be reviewed here: November 2013 Market Stats

The residential market saw a little light at the end of the 2013 tunnel. The numbers of closed sales are up 6%, while new listings are only up 1%, which means we are using up some of the inventory. However, the average sale price went down 9% compared to this time last year, from $301,480 to $276,054, as the higher end homes are not selling as well as previous years. Days on market are the same.snowflake

Good news in the condo department this month…sales continue to bounce back. Although new listings are up 14%, the sold listings are up 32% from this time last year. What a great comeback year for condo sales! The average sale price also went up, from $152,488 in 2012 to $178,872 in 2013, as high end condos like Mountainside on Attitash are selling again. Days on market are about a week quicker this year.

We continue to be busy with ski season buyers and expect to finish the year strong. We have high hopes for the residential and condo markets in 2014!

For a price review on your property, please don’t hesitate to contact us.

Happy Holidays,

Joy

 

Based on information from the Northern New England Real Estate Network 1/1/13-11/30/13 for Carroll County.

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