December Real Estate Statistics – 2015

December Stats

 

*  Closings of Real Estate is up 32% month to month.

*  The number of new listings on the market compared to prior month is down 19%. This is a reflection of the time of year.  Fewer homeowners list their properties in December.

*  The number of new listings over $500,000 is down 16% compared to prior month.  Again a reflection of the time of year.

*  The number of short sales closings increased 31% when compared to prior month.  Short sales are closings in which the bank who holds the note has agreed to take less than is owed on the property.  

Posted on January 7, 2016 at 10:15 pm
Robyn Yates | Category: Market Reviews

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