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Buyers Rush Luxury Market in November

Release Date:  Friday, December 19, 2014

• Overall pending sales decreased 2 percent from 840 in November 2013
to 825 in November 2014.
• Pending sales for single family homes in the $300,000-$500,000 price
category increased 32 percent from 99 in November 2013 to 131 in
November 2014.
• Pending sales for single family homes in the $2 million and above
category increased 24 percent from 25 in November 2013 to 31 in
November 2014.
• Overall closed sales decreased 2 percent from 9,878 in the 12-months
ending November 2013 to 9,635 in the 12-months ending November
2014.
• Median closed price increased 12 percent from $236,000 in the 12-
months ending November 2013 to $265,000 in the 12-months
ending November 2014.
• Median closed price for single family homes in the $2 million and above
price category increased 50 percent month over month from
$2,600,000 in November 2013 to $3,900,000 in November 2014.
• Overall inventory decreased 10 percent from 4,584 homes in November
2013 compared to 4,136 homes in November 2014.

 

Please Read Entire Article Here…

Buyers Rush Luxury Market in November

View Statistics Here…

NABORNovember2014chartsweb

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