Westminster Monthly Market Update – Condominium/Townhome

Westminster 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                   50% 56% 44% 41%
ABOVE +$250K                   51% 63% 50% 56%
OVERALL % U/C                   50% 60% 47% 50%

 

(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’
                    87 89 66 60

 

(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’
                    36 39 42 26

 

(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’
                      2.4 1.69 1.68

 

YTD Comparison

WESTMINSTER ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 597 513 -14%
Average Sales Price $271,288 $277,683 +2.4%
Median Sales Price $242,000 $270,000 +11.57%
Average Days to Contract 15 15 No change