SalesTraq® Market Snapshot
As of May 2017

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $346,528 6.5%
Average Price Per Square Foot $153.84 0.9%
No. of Closings - Month 723 6.5%
No. of Closings - Year-to-Date 3,225 19.0%
No. of Closings - Last 12 Months 8,450 17.1%
New Home Permits - Month 968 9.9%
New Home Permits - Year-to-Date 4,036 8.2%
New Home Permits - Last 12 Months 8,821 10.6%
Active Subdivisions 250 7.3%
Average Sales per Subdivision 2.89 -0.8%

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $225,000 12.5%
Average Price Per Square Foot $139.21 11.1%
No. of Closings - Month 4,889 13.3%
No. of Closings - Year-to-Date 19,898 7.2%
No. of Closings - Last 12 Months 48,240 6.5%
Bank Repossessions - Month 64 -51.9%
Bank Repossessions - Year-to-Date 400 -46.2%
Bank Repossessions - Last 12 Months 1,328 -29.1%
MLS Listings (Available) 5,626 -36.4%
Effective MLS Inventory (in Months) 1.4 -44.5%