Douglas County Monthly Market Update – Condominium/Townhome

Douglas County Overview Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
UNDER $250k                   54% 35% 53% 61%
$250K-$500K                   48% 34% 39% 38%
ABOVE +$500k                   26% 28% 23% 16%
OVERALL % U/C                   46% 33% 38% 36%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                    342 294 253 224

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                    87 115 79 60

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
                      2.9 2.7 2.63

 

YTD Comparison

DOUGLAS COUNTY ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 1196 1142 -4.5%
Average Sales Price $330,000 $351,735 +6.6%
Median Sales Price $305,000 $328,000 +7.5%
Average Days to Contract 20 29 +45%