SalesTraq® Market Snapshot
As of September 2018

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $389,000 +8.5%
Average Price Per Square Foot $177.38 +14.3%
No. of Closings - Month 931 +10.2%
No. of Closings - Year-to-Date 7,448 +18.8%
No. of Closings - Year 9,919 +17.0%
New Home Permits - Month 687 +5.2%
New Home Permits - Year-to-Date 8,587 +16.5%
New Home Permits - Year 10,740 +17.3%
Active Subdivisions 197 -17.6%
Average Sales per Subdivision 4.73 +33.7%

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $265,000 +12.8%
Average Price Per Square Foot $161.12 +11.3%
No. of Closings - Month 3,549 -9.6%
No. of Closings - Year-to-Date 37,344 -1.0%
No. of Closings - Year 48,872 -0.3%
Bank Repossessions - Month 45 +164.7%
Bank Repossessions - Year-to-Date 325 -34.9%
Bank Repossessions - Year 372 -57.6%
MLS Listings (Available) 8,060 +40.6%
Effective MLS Inventory (in Months) 2.8 +67.5%