Westminster Monthly Market Update – Condominium/Townhome

Westminster Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

WESTMINSTER ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 513 30 Insufficient YTD Data
Average Sales Price $277,683 $296,588 Insufficient YTD Data
Median Sales Price $270,000 $286,500 Insufficient YTD Data
Average Days to Contract 15 26 Insufficient YTD Data

 

(Attached Dwelling – % Under Contract)

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

18’

Dec 18’ Jan 19’
UNDER $250k                 50% 56% 44% 41% 46%
ABOVE +$250K                 51% 63% 50% 56% 53%
OVERALL % U/C                 50% 60% 47% 50% 51%

 

(Attached Dwelling – Inventory)

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

18’

Dec 18’ Jan 19’
                  87 89 66 60 81

 

(Attached Dwelling – # Sold)

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

18’

Dec 18’ Jan 19’
                  36 39 42 26 30

 

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

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

18’

Dec 18’ Jan 19’
                    2.4 1.69 1.68 2.34