SalesTraq® Market Snapshot
As of December 2018

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $410,000 +7.9%
Average Price Per Square Foot $190.49 +17.4%
No. of Closings - Month 901 -0.7%
No. of Closings - Year 9,944 +13.8%
New Home Permits - Month 684 +0.6%
New Home Permits - Year 10,791 +13.3%
Active Subdivisions 207 -9.2%
Average Sales per Subdivision 4.4 +9.4%

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $260,000 +9.2%
Average Price Per Square Foot $162.12 +8.3%
No. of Closings - Month 3,105 -18.3%
No. of Closings - Year 47,875 -2.8%
Bank Repossessions - Month 57 +256.3%
Bank Repossessions - Year 497 -9.0%
MLS Listings (Available) 8,390 +87.4%
Effective MLS Inventory (in Months) 3.3 +126.4%