SalesTraq® Market Snapshot
As of December 2017

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $379,990 +11.7%
Average Price Per Square Foot $162.25 +10.0%
No. of Closings - Month 907 +8.5%
No. of Closings - Year 8,739 +10.1%
New Home Permits - Month 680 +13.5%
New Home Permits - Year 9,522 +11.8%
Active Subdivisions 228 -6.6%
Average Sales per Subdivision 3.98 +16.1%

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $238,000 +17.8%
Average Price Per Square Foot $149.63 +18.3%
No. of Closings - Month 3,800 -4.3%
No. of Closings - Year 49,232 +4.9%
Bank Repossessions - Month 16 -85.6%
Bank Repossessions - Year 546 -67.3%
MLS Listings (Available) 4,478 -34.6%
Effective MLS Inventory (in Months) 1.4 -30.2%