Year to date sales units up 30%. 603 in 2012 vs. 484 in 2011 same period. Inventory is low / 595 active units available. Average price sold is up 44% – 2011 was $161,520 and 2012 is $232,848 YTD. (this is not an indication of prices rising, but it is an...
In the comments section above, you’ll find mention of the current apparent positive increase in the price schedule. This statement is meant to offset the notion that a strong sustainable increase in the price schedule is in operation. Due to the current reading of the...
Even though there appears to be the makings of a positive price trend, that trend may be temporary. Both the Absorption rate and the Ratio of Demand to supply is too high to support strong price moves.
