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 85
Average Sales Price 635,117 $671,370 +5.7%
Median Sales Price $618,250 $635,000 +2.7%
Average Days to Contract 20 20 0%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

UNDER $750k   60% 100% 60% 71% 73% 47% 68% 53% 22% 75% 50% 29%
$750k +   33% 40% 29% 45% 42% 40% 58% 75% 66% 52% 71% 66%
OVERALL   50% 75% 42% 59% 55% 45% 65% 59% 35% 61% 57% 33%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

  11 8 12 12 17 22 33 31 27 23 28 23 24

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

  5 6 2 7 2 7 9 15 13 10 1 10 4

 

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

SINGLE FAMILY HOMES Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

    .92 1.8 2.07 3.4 1.95 6 4.43 3.05 2.46 3.05 2.88 2.71