facebook  twitter  linkedin  youtube  Pinterest  google

January Listings Freeze with the Weather

Following a steady increase in listings in 2013, 2014 has gotten off to a slow start, most likely due to the severe weather we have experienced.

New listings were down from last January when temperatures were milder. There were 291 new residential listings taken in January, compared to 319 in January 2013, a drop of almost 9 percent.

Sales for all property types were down 7.3 percent, with 217 sold, compared to 234 in January last year. Residential sales dropped 17 percent from last year with 152 closings compared to 183 in January 2013. However, those properties sold in less than half the time it took properties to sell a year ago, at 41 days-on-market versus 85 days. Pending sales (new sales agreements signed) are even compared to last year at 77 for the month, compared to 75 a year ago, which provides a good base for growth.

The local market continued to experience strong year over year price growth. The average residential sales price for January was $242,596, an 8 percent increase over $224,686 in January 2013. The average listing price in January went up almost 7 percent, at $248,633 over last year's price of $232,751.

See more January statistics here.



Jan 2014 Stats Page 21


Jan 2014 Charts2

Inman News

Staged, Styled & Sold

  • Land more listings with free info that shows sellers you know the best ways to make their home look irresistible to buyers. Brand, print, and...

  • Fireplaces often become the focal point of a room. New technological advances are allowing home owners to do a lot more with their fireplaces too,...

  • By Melissa Dittmann Tracey, REALTOR® Magazine Bathroom styles are shifting to contemporary, spa-like styles that are accessible and easy to maintain, according to the latest...


  • (Business Marketing) Skillary is a new presentation tool that does the hard work for you, offering modernized templates and quick setup. Genius! Follow The American Genius on Facebook for exclusive & breaking business stories Get more Business News at AGBeat

  • (Tech News) Blue Mail is an email snooze button that works with almost any email provider, which by default creates a to do list to boost your productivity. Follow The American Genius on Facebook for exclusive & breaking business stories Get more Business News at AGBeat

You are here: Home Members January Listings Freeze with the Weather