SalesTraq® Market Snapshot
As of May 2018

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $377,408 +8.9%
Average Price Per Square Foot $169.60 +10.2%
No. of Closings - Month 894 +23.7%
No. of Closings - Year-to-Date 3,072 +22.8%
No. of Closings - Year 9,309 +10.7%
New Home Permits - Month 1,026 +6.0%
New Home Permits - Year-to-Date 3,780 +23.2%
New Home Permits - Year 10,234 +17.2%
Active Subdivisions 204 -18.4%
Average Sales per Subdivision 4.38 +51.5%

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $259,900 +15.5%
Average Price Per Square Foot $156.11 +12.1%
No. of Closings - Month 4,535 -7.2%
No. of Closings - Year-to-Date 19,725 -0.9%
No. of Closings - Year 49,059 +1.7%
Bank Repossessions - Month 25 -60.9%
Bank Repossessions - Year-to-Date 134 -66.5%
Bank Repossessions - Year 280 -78.9%
MLS Listings (Available) 5,027 -10.6%
Effective MLS Inventory (in Months) 1.3 -1.6%