Milton Single Family Market Report Dec 2019

Milton Single Family Market Report Dec 2019. While December is a slower time of the year to buy and sell, that does not mean it is slow. People still are active in and on the market every month of the year. Job changes, divorce, death, new births, etc all affect the market when they happen and these things happen every day of the year.  Now to the numbers.

Single Family New Listings: 1 Median Liv. Area SqFt: 1,456 Median List $: $549,900 Median List $/SqFt: $378 Median DOM: 1

Single Family Active Listings: 35 Median Liv. Area SqFt: 4,484 Median List $: $1,380,500 Median List $/SqFt: $315 Median DOM: 78

Single Family Price Change Listings: 1 Median Liv. Area SqFt: 1,343 Median List $: $609,900 Median List $/SqFt: $454 Median DOM: 23

Single Family Under Agreement Listings: 20 Median Liv. Area SqFt: 1,920 Median List $: $742,450 Median List $/SqFt: $372 Median DOM: 53 Median DTO: 28.5

Single Family Sold Listings: 21 Median Liv. Area SqFt: 1,999 Median List $: $749,000 Median List $/SqFt: $307 Median DOM: 26 Median DTO: 12 Median Sale $: $740,000 Median Sale $/SqFt: $299

Single Family Expired Listings: 3 Median Liv. Area SqFt: 4,925 Median List $: $1,695,000 Median List $/SqFt: $326 Median DOM: 166

Single Family Canceled Listings: 2 Median Liv. Area SqFt: 1839.5 Median List $: $711,500 Median List $/SqFt: $387 Median DOM: 68.5

So what we see here is that with 21 sales this last 30 days, and 37 in one form of active or another that we have less than two month’s worth of inventory and that is a Seller’s Market.  Couple those statistics with the fact that there are 20 Under Agreement further clarifies that fact.  For a deeper understanding of these numbers, give me a call and I can explain how this can help you or hinder you depending on what you are trying to do. At YourStories Realty Group it is always all about you.

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