Overall closed sales in the $500 to $1 million range are up 48% from 196 to 290 properties sold in the 3rd quarter of this year over last.
In the 2 million plus category there were 82 homes sold compared to only 36 in 2012, a 128% increase over last years 3rd quarter. 2 million plus overall closed sales jumped from 213 to 303 for the 12 months ending September.
According to appraisal firm Carroll & Carroll the $0 to $300,000 market median price has increase 14% in the last 12 months. Overall days on the market decreased 18% from 174 to 143 days in the 3rd quarter. Overall pending sales for the quarter increased from 2,362 to 2,548 an 8% gain.
Closed condominium sales for the quarter are up 31% from 869 to 1,142 and overall increased 102% with 100 sales over last years 49 in the 12 month period ending September.
Overall pending sales in the coastal area are up 14% and closed sales increased 17% going from 1,759 to this years 12 month period of 2,066.
Scott Pearson GRI, CRS