Holt Woods 2012 Year to Date Market Report
Holt Woods home sales stayed strong in 2012 compared to 2011. Prices appear to have increased a good bit.
|# of Homes Sold||12||11||-9%|
|Average list Price||$192,585||$209,888||9%|
|Average Sales Price||$184,978||$204,261||10%|
|Days on the Market||69||63||-9%|
We think when the end of months sales are reported that Holt Woods sales will be the same 12 as in 2011. The sales price increase is remarkable since they stayed somewhat stagnant in 2011.
It's an interesting contrast to Bradford Hills, where sales were up 58% for the same time period. But prices only increased 2% compared to the 10% increase in Holt Woods.
There are currently 4 homes listed for sale in Holt Woods, one of which has a financing contingency.That leaves 3 active listings or a 3 Month Supply of Inventory.
Any time you have a less than 6 month supply of Inventory, it's considered a Seller's Market.
Homeowners who are thinking to sell in 2013, should take advantage of the low inventory and prepare their homes for sale.
Many people list their homes for sale in the Spring Market. Getting ahead of those Sellers can be a huge advantage.
Holt Woods 2008 Market Report