Seasonal Slow Down: October 2017, Old Town Market Update
It’s upon us: the Seasonal Slow Down. This is the time of year that it’s really great to be a buyer, the values of homes tend to dip a bit more, and the amount of buyers is less, which means less competition. Here’s some data to support the slow down.
The average home sale price in October, 2017 was $552,000.00.
Here is the YTD data:
October: 10 sales Avg Price: $552,000
September: 14 sales Avg Price: $494,000
August: 20 sales Avg Price: $529,000
July: 21 Sales Avg Price: $467,000
June: 18 Sales Avg Price: $465,000
May: 13 Sales Avg Price: $473,000
March: 17 Sales Avg Price: $434,000
February: 13 Sales Avg Price: $457,000
January: 11 Sales Avg Price: $564,000