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HOW’S THE MARKET?
Albemarle County
City of Charlottesville
Fluvanna County
Greene County
Louisa County
Nelson County
THIRD QUARTER 2014 NEST REPORT
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
3
0
200
400
600
800
1000 930
525
619
891
537
639
820
515525
759
432503
857
388
584
827894
722
610594
744
Five Year Sales Trend (Total Sales)
CHARLOTTESVILLE MSA MARKET ANALYSIS Third Quarter 2014
-7% $290,000 11%
84 7% 13
TOTAL SALESThere were 827 total sales thispast quarter compared to 894 inQ3 2013. This translates to a 7%year-over-year decrease.
MEDIAN SALES PRICEThe median sales price in the Charlottesville MSA this past quarter was $290,000 comparedto $268,000 in Q3 2013.
TOTAL INVENTORYAt the end of this past quarter, inventory levels were up 11%compared to the end of Q3 2013.
DAYS ON MARKETHomes sold in the CharlottesvilleMSA this past quarter spent an average of 84 days on market before being sold.
CONTRACTS WRITTENThere were 792 contracts writtenthis past quarter compared to 743in Q3 2013. This translates to a 7%year-over-year increase.
MONTHS OF INVENTORYAt the end of this past quarter,there were 13 months of inventoryavailable in the Charlottesville MSA.
Market Snapshot
09/2013 10/2013 11/2013 12/2013 01/2014 02/2014 03/2014 04/2014 05/2014 06/2014 07/2014 08/2014 09/2014
150K
200K
250K
300K
350K
400K
450K 419,827
345,771351,500
288,775
331,758331,181
330,373
329,589
356,997
358,892
316,704
372,449
270,000273,450
306,500
275,000
260,970
234,500
280,000280,985
256,000240,000 241,750
285,000
291,000
Average & Median Price Trends
AVG. SALES PRICE MEDIAN SALES PRICE
09/2013 10/2013 11/2013 12/2013 01/2014 02/2014 03/2014 04/2014 05/2014 06/2014 07/2014 08/2014 09/2014
280,985
345,771
306,500
356,997
285,000
358,892
291,000
372,449
280,000
323,529
256,000
316,704
241,750
330,373
234,500
288,775
240,000
351,500
270,000
329,589
273,450
419,827
275,000
331,181
260,970
331,758Average Median
TOTAL SALES AVG. LISTPRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 76152315,000385,196399,538650% Change -8.70%6.25%7.51%7.44%7.21%-0.46%
2013 Q3 83143293,000358,516372,677653
% Change -21.86%8.17%9.64%0.78%-5.83%20.04%
2012 Q3 107132267,250355,754395,750544SIN
GLE
FA
MIL
Y CHARLOTTESVILLE MSA MARKET ANALYSIS Third Quarter 2014
TOTAL SALESAVG. LIST
PRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 96139245,000267,280268,675109
% Change 25.24%1.23%0.20%4.44%3.57%-33.54%
2013 Q3 76138244,500255,911259,403164
% Change -16.67%5.63%14.52%9.57%8.90%67.35%
2012 Q3 92130213,500233,562238,20698
AT
TA
CH
ED
TOTAL SALESAVG. LIST
PRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 134166156,000206,982216,20768
% Change 28.11%0.54%-8.24%10.92%11.05%-11.69%
2013 Q3 105165170,000186,597194,68577
% Change -0.89%10.33%14.48%4.29%3.58%-3.75%
2012 Q3 106150148,500178,926187,96580
CO
ND
O
2012 2013 2014
1,550 1,7781,753
289 388 334
170218181
Year-to-Date Sales by Property Type
Quarterly Performance & Yearly Growth
Attached Condominiums Detached
CONTRACTSWRITTEN
617
10.57%
558
13.18%
493
CONTRACTSWRITTEN
106
-7.83%
115
7.48%
107
CONTRACTSWRITTEN
69
-1.43%
-4.11%
70
73
CHARLOTTESVILLE MSA MARKET ANALYSIS Third Quarter 2014
September 2014
INVENTORYMONTHS OFINVENTORY
August 2014
INVENTORYMONTHS OFINVENTORY
September 2013
INVENTORYMONTHS OFINVENTORY
Single Family
Attached
Condo
All 34.02
9.78
10.59
13.65
2,520
225
233
2,062
29.94
13.00
7.08
9.86
2,497
234
241
2,022
21.28
8.76
3.92
8.60
1,937
184
212
1,541
Inventory Levels & Months of Inventory
3 KEY TAKEAWAYS 1. Total sales in Q3 2014 were off 7% year-over-year. After a quick start to 2014, overall sales are off2% year-to-date as compared to 2013. 2. The combination of lower sales numbers and an 11% year-over-year bump in inventory levels has resulted in the Months of Inventory levels to rise to almost 13 months. Based on these numbers, we areleaning towards a 'Buyer's Market' again. 3. We have seen a steady rise in median prices over the last 7 months. Even though prices dipped slightly from last month, year-over-year median prices are up approximately 7.5%.
January February March April May June July August September October November December
1500
1750
2000
2250
2500
2750
3000
Four Year Historical Inventory
2011 2012 2013 2014
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 InventoryNew Listings
2012 InventoryNew Listings
2013 InventoryNew Listings
2014 InventoryNew Listings
2062,073
2432,307
3312,521
4032,638
3722,639
3712,707
4472,789
5392,824
5672,747
6482,612
4502,372
4622,291
2121,822
3041,997
3352,111
3782,241
3512,248
3772,341
4112,380
4922,435
6032,408
5632,272
4492,141
4002,059
2941,968
2452,087
3882,248
4132,275
4502,287
4382,280
4282,333
5272,359
6132,314
5732,232
5642,084
4331,881
3812,520
4242,497
4402,633
4782,686
5502,678
6552,424
6562,230
4272,031
3511,969
12.85 9.68 8.96
-5%
ALBEMARLE MARKET ANALYSIS Third Quarter 2014
$336,680
81 15%
8%
12
TOTAL SALESThere were 408 total sales thispast quarter compared to 431 in Q32013. This translates to a 5% decrease on a year-over-year basis.
MEDIAN SALES PRICEThe median sales price was$336,680 this past quarter com-pared to $315,000 in Q3 2013.
TOTAL INVENTORYAt the end of this past quarter, totalinventory levels were up 8% com-pard to the end of Q3 2013.
DAYS ON MARKETHomes sold this past quarter spentan average of 81 days on market before being sold.
CONTRACTS WRITTENThere were 382 contracts writtenthis past quarter compared to 332in Q3 2013. This translates to a 15%increase on a year-over-year basis.
MONTHS OF INVENTORYAt the end of this past quarter,there were 12 months of inventory available.
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
3
0
200
400
600
408
490466
249
438
220
298286
422389
254229
362
256
356
272237
199
431
212172
Five Year Sales Trend (Total Sales)
0% 25% 50% 75% 100%
2014Q3
2014Q2
2014Q1
2013Q4
2013Q3
40%
44%
43%
47%
26% 39%
22%
22%
22%
10%
10%
19%
21%
21%
17%
17%
17%
8%
8%
8%
8%
8% 6%
11%
7%
Sales by Price Range
Market Snapshot
0-199,999 200K-399,999 400K-599,999 600K-799,999 800K+
ALBEMARLE MARKET ANALYSIS Third Quarter 2014
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQFTAVG. DAYSON MARKET
2014 Q3 70166400,000500,155518,657290
% Change -0.50%4.42%-1.34%3.56%3.45%6.23%
2013 Q3 70159405,431482,984501,366273% Change -29.49%7.64%18.54%-3.79%-13.36%17.67%
2012 Q3 100147342,032502,021578,662232
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQFTAVG. DAYSON MARKET
2014 Q3 102143269,650280,545280,88486
% Change 25.76%1.91%12.40%6.67%5.64%-32.28%
2013 Q3 81140239,900263,004265,881127
% Change -10.01%6.12%10.84%8.05%7.29%51.19%
2012 Q3 91132216,433243,412247,82184
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQFTAVG. DAYSON MARKET
2014 Q3 127133145,500190,141199,42232
% Change 6.09%6.16%26.52%21.94%23.36%3.23%
2013 Q3 120125115,000155,935161,66231
% Change 62.26%-3.26%-4.56%-7.01%-8.94%-22.50%
2012 Q3 74129120,500167,695177,54040
2012 2013 2014
240 280306
676 759752
6899 71
Year-to-Date Sales by Property Type
Attached Condominiums Detached
Quarterly Performance & Yearly Growth
SIN
GLE
FA
MIL
YA
TT
AC
HE
DC
ON
DO
CONTRACTSWRITTEN
264
23.36%
214
17.58%
182
CONTRACTSWRITTEN
86
-9.47%
95
0.00%
95
CONTRACTSWRITTEN
32
39.13%
23
-34.29%
35
ALBEMARLE MARKET ANALYSIS Third Quarter 2014
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 InventoryNew Listings
2012 InventoryNew Listings
2013 InventoryNew Listings
2014 InventoryNew Listings
94920
1021,015
1431,107
1731,139
1741,137
1801,158
1891,184
2361,208
2641,195
3171,132
215994
199940
108789
117870
142922
178980
158973
1591,024
1951,058
2251,089
2951,095
2821,007
206946
185913
132835
96891
165970
187988
1951,003
193993
1921,008
2311,037
2921,029
2921,002
259922
192822
1741,066
1911,059
2021,042
2261,169
2461,231
3051,069
316983
221873
158829
January February March April May June July August September October November December
700
800
900
1000
1100
1200
1300
Four Year Inventory History
2011 2012 2013 2014
3 KEY TAKEAWAYS 1. After near record sales numbers in Q2, total year-over-year sales dipped by 5% in Albemarle County.Single family homes (+6%) and condos (+3%) were positive, but attached home sales dropped significantly (-32%). 2. While year-over-year inventory levels increased by 8%, new listings to the market in Q3 were actuallydown from the same time in 2013. This could lead to lower levels moving forward. 3. Median sales prices in Albemarle County increased 7% from Q3 2013 to $336,680. Surprisingly, single-family home median prices fell slightly while attached and condos both saw increases from Q3 2013.
September 2014
INVENTORYMONTHS OFINVENTORY
August 2014
INVENTORYMONTHS OFINVENTORY
September 2013
INVENTORYMONTHS OFINVENTORY
Single Family
Attached
Condo
ALL 34.06
10.75
10.12
13.19
1,066
86
162
818
22.47
9.10
5.31
8.06
1,059
91
170
798
19.52
7.14
3.41
8.97
817
50
157
610
Inventory Levels & Months of Inventory
11.38 7.42 8.13
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
3
0
50
100
150
200
100109
160148146 145
136
165172
133
175
696776
121113
57
91 91 91
71
Five Year Sales Trend (Total Sales)
TOTAL SALESThere were 148 total sales thispast quarter compared to 160 totalsales in Q3 2013 representing a 8%drop on a year-over-year basis.
MEDIAN SALES PRICEThe median sales price was$269,250 this past quarter com-pared to $257,050 in Q3 2013.
DAYS ON MARKETHomes sold this past quarter spentan average of 57 days on marketbefore being sold.
CONTRACTS WRITTENThere were 119 contracts writtenthis past quarter compared to 119 inQ3 2013. This translates to a 0%year-over-year increase.
CITY OF CHARLOTTESVILLE MARKET ANALYSIS Third Quarter 2014
0% 25% 50% 75% 100%
2014Q3
2014Q2
2014Q1
2013Q4
2013Q3 27%
29%
33%
16%
22%
57%
53%
44%
63%
56%
12%
13%
14%
13%
16%
3%
2%
8%
5%
3%
1%
3%
1%
3%
2%
Sales by Price Range
0-199,999 200-399,999K 400-599,999K 600-799,999K 800K+
-8% $269,250 18%TOTAL INVENTORYAt the end of this past quarter, to-tal inventory levels were up 18%compared to the end of Q3 2013.
MONTHS OF INVENTORYAt the end of this past quarterthere were 9 months of inventory available.
57 0% 9
Market Snapshot
FLAT
CITY OF CHARLOTTESVILLE MARKET ANALYSIS Third Quarter 2014
TOTAL SALESAVG. LIST
PRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 45181306,000353,136366,331108% Change -13.02%3.48%2.68%7.29%6.94%9.09%
2013 Q3 52175298,000329,148342,54499
TOTAL SALESAVG. LIST
PRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 72133180,000209,516215,03719
% Change 46.23%-0.08%-26.23%-5.89%-5.40%-34.48%
2013 Q3 49133244,000222,640227,30029
TOTAL SALESAVG. LIST
PRICEAVG. SALES
PRICEMEDIAN
SALES PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 104235195,000264,745272,83321
% Change 145.15%8.90%-8.67%15.90%14.95%-34.38%
2013 Q3 43216213,500228,422237,35532
% Change -42.91%12.41%11.92%10.28%8.76%2.06%
2012 Q3 91156266,250298,453314,95697
% Change -53.25%11.53%40.23%31.18%27.61%163.64%
2012 Q3 106119174,000169,722178,11811
% Change -47.71%21.77%18.61%18.39%19.58%28.00%
2012 Q3 81178180,000192,936198,48825
SIN
GLE
FA
MIL
YA
TT
AC
HE
DC
ON
DO
2012 2013 2014
308
276277
46
85
65
6527
57
Year to Date Sales by Property Type
Attached Condominiums Detached
Quarterly Performance & Yearly Growth
CONTRACTSWRITTEN
83
7.79%
77
-10.47%
86
CONTRACTSWRITTEN
20
-23.08%
26
73.33%
15
CONTRACTSWRITTEN
16
0.00%
16
128.57%
7
September 2014
TOTALINVENTORY
MONTHS OFINVENTORY
August 2014
TOTALINVENTORY
MONTHS OFINVENTORY
September 2013
TOTALINVENTORY
MONTHS OFINVENTORY
Single Family
Attached
Condo
All 23.09
4.00
6.83
12.26
257
32
41
184
34.30
9.75
20.00
4.55
252
39
40
173
15.35
3.60
4.33
7.42
203
36
26
141
Inventory Levels & Months of Inventory
CITY OF CHARLOTTESVILLE MARET ANALYSIS Third Quarter 2014
3 KEY TAKEAWAYS 1. After Q3 sales increasing for 3 straight years, Q3 2014 sales were off 8% from 2013. With contractswritten being flat in Q3, we would expect sales in Q4 to be slightly off from 2013 totals. 2. Median prices in the City of Charlottesville are up a modest 4.5% year-over-year. In addition, year-to-date sales are essentially flat from 2013. 3. Inventory levels have increased fairly dramatically in the City (+18%). This is likely a result in softerdemand, as well as increased new home construction within the City limits. With several other new Citydevelopments starting soon, City inventory could continue to rise.
January February March April May June July August September October November December
100
150
200
250
300
350
400
Four Year Inventory History
2011 2012 2013 2014
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2011 Inventory
New Listings2012 Inventory
New Listings2013 Inventory
New Listings2014 Inventory
New Listings
20226
26253
39288
59310
58306
52321
74349
70367
94376
115349
73301
59275
18159
40190
41199
54223
44228
45244
52260
73266
89278
99284
91255
60218
40166
26186
69220
59217
56208
61213
62222
91234
106234
92204
85193
55157
48257
42252
66263
75319
77327
94282
140250
60187
47174
8.56 5.72 6.31
FLUVANNA COUNTY MARKET ANALYSIS Second Quarter 2014
-16% $188,500
74 -7% 16
TOTAL SALESThere were 86 total sales this pastquarter compared to 102 totalsales in Q3 2013. This translates toa 16% year-over-year decrease.
MEDIAN SALES PRICEThe median sales price this pastquarter was $188,500 compared to$186,250 in Q3 2013.
TOTAL INVENTORYAt the end of this past quarter, to-tal inventory levels were up 13%compared to the end of Q3 2013.
DAYS ON MARKETHomes sold this past quarter spentan average of 74 days on marketbefore being sold.
CONTRACTS WRITTENThere were 97 contracts writtenthis past quarter compared to 104in Q3 2013. This translates to a 7%year-over-year decrease.
MONTHS OF INVENTORYAt the end of this past quarter,there were 16 months of inventory available.
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
30
20
40
60
80
100
120
106102
44
9086
66
99
7074
78
87
7883
73
57
7581 81
91
111
71
Five Year Sales Trend (Total Sales)
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 74104188,500227,709236,12286
% Change -21.57%0.30%1.21%0.19%-0.21%-15.69%
2013 Q3 94103186,250227,279236,614102
% Change -16.95%4.75%6.43%18.37%16.94%13.33%
2012 Q3 11399175,000192,005202,34290
13%
Market Snapshot
Quarterly Performance & Yearly Growth
CONTRACTSWRITTEN
97
-6.73%
104
26.83%
82
GREENE COUNTY MARKET ANALYSIS Second Quarter 2014
14%TOTAL SALESThere were 73 total sales this pastquarter compared to 64 in Q32013. This translates to a 14% year-over-year increase.
$217,500MEDIAN SALES PRICEThe median sales price was$217,500 this past quarter com-pared to $214,000 in Q3 2013.
125DAYS ON MARKETHomes sold this past quarter spentan average of 125 days on market before being sold.
21%CONTRACTS WRITTENThere were 64 contracts writtenthis past quarter compared to 53 inQ3 2013. This translates to a 21%year-over-year increase.
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
30
20
40
60
80
64
48 49 49
69
43
54 54
38
6763
5659 59
32
37
73
5753 5351
Five Year Sales Trend (Total Sales)
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 125118217,500247,313252,96273
% Change 25.97%4.58%1.64%9.86%9.16%14.06%
2013 Q3 99112214,000225,123231,72864
% Change -21.74%3.32%-16.08%-11.09%-13.04%20.75%2012 Q3 127109255,000253,213266,46853
-3%TOTAL INVENTORYAt the end of this past quarter, total inventory levels were down3% compared to the end of Q3 2013.
15MONTHS OF INVENTORYAt the end of this past quarter,there were 15 months of inventory available.
Market Snapshot
Quarterly Performance & Yearly Growth
CONTRACTSWRITTEN
64
20.75%
53
-29.33%
75
LOUISA COUNTY MARKET ANALYSIS Third Quarter 2014
-3%TOTAL SALESThere were 61 total sales this pastquarter compared to 63 in Q3 2013.This translates to a 3% year-over-year decrease.
$235,000MEDIAN SALES PRICEThe median sales price this pastquarter was $235,000 comparedto $194,000 in Q3 2013.
73DAYS ON MARKETHomes sold this past quarter spentan average of 87 days on marketbefore being sold.
28%CONTRACTS WRITTENThere were 73 contracts writtenthis past quarter compared to 57 inQ3 2013. This translates to a 28%year-over-year increase.
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
30
20
40
60
80
100
4444 444849
68
30 30
47 4743
62
29
6358 59
2733
57
41
61
Five Year Sales Trend (Total Sales)
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 73118235,000277,263285,38361
% Change -7.49%11.46%21.13%15.62%17.02%-3.17%
2013 Q3 79106194,000239,797243,88363
% Change -9.26%10.91%9.30%24.15%24.70%43.18%
2012 Q3 8796177,500193,144195,57544
16%TOTAL INVENTORYAt the end of this past quarter,total inventory levels were up16% compared to the end of Q3 2013.
11MONTHS OF INVENTORYAt the end of this past quarter,there were 11 months of inventory available.
Market Snapshot
Quarterly Performance & Yearly Growth
CONTRACTSWRITTEN
73
28.07%
57
54.05%
37
NELSON COUNTY MARKET ANALYSIS Third Quarter 2014
-31%
Market Snapshot
$290,000
148 -23%
TOTAL SALESThere were 51 total sales this pastquarter compared to 74 total salesin Q3 2013. This translates to a 31%year-over-year decrease.
MEDIAN SALES PRICEThe median sales price was$290,000 this past quarter compared to a median price of$282,750 in Q3 2013.
DAYS ON MARKETHomes sold this quarter spent anaverage of 148 days on market before being sold.
CONTRACTS WRITTENThere were a total of 60 contractswritten this past quarter comparedto 78 in Q3 2013. This translates toa 23% year-over-year decrease.
'09
Q3
'09
Q4
'10 Q
1
'10 Q
2
'10 Q
3
'10 Q
4
'11 Q
1
'11 Q
2
'11 Q
3
'11 Q
4
'12 Q
1
'12 Q
2
'12 Q
3
'12 Q
4
'13 Q
1
'13 Q
2
'13 Q
3
'13 Q
4
'14 Q
1
'14 Q
2
'14 Q
30
20
40
60
80
100
4448
64
46 46 46
74
43
54
45 45 45
63
39
27
52
37
57
35
5751
Five Year Sales Trend (Total Sales)
TOTAL SALESAVG. LIST
PRICEAVG. SOLD
PRICEMEDIAN SOLD
PRICE AVG. $/SQ.FT.AVG. DAYSON MARKET
2014 Q3 148147290,000315,687336,84551
% Change -15.58%9.54%2.56%9.63%9.27%-31.08%
2013 Q3 176134282,750287,961308,25674
% Change -10.90%-7.27%10.88%7.95%8.33%60.87%
2012 Q3 197144255,000266,751284,56246
19%TOTAL INVENTORYAt the end of this past quarter, total inventory levels were down19% compared to the end of Q3 2013.
17MONTHS OF INVENTORYAt the end of this past quarter,there were 17 months of inventory available.
Quarterly Performance & Yearly Growth
CONTRACTSWRITTEN
60
-23.08%
78
32.20%
59