Superior Monthly Market Update – Single Family Homes

Town of Superior Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

SUPERIOR SINGLE-FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 114 70
Average Sales Price 635,117 $672,152 +5.8%
Median Sales Price $618,250 $655,000 +5.9%
Average Days to Contract 20 19 -5%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
UNDER $750k         60% 100% 60% 71% 73% 47% 68% 53% 22%
$750k +         33% 40% 29% 45% 42% 40% 58% 75% 66%
OVERALL         50% 75% 42% 59% 55% 45% 65% 59% 35%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
SUPERIOR 22 20 14 11 8 12 12 17 22 33 31 27 23

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
SUPERIOR 12 7 8 5 6 2 7 2 7 9 15 13 10

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
SUPERIOR         .92 1.8 2.07 3.4 1.95 6 4.43 3.05 2.46