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Pending and Active Listings Remain Down

MLS Sales Statistics for December 2018

Published Wednesday, January 16, 2019

The Multiple Listing Service sales report showed pending sales at 1,017 as of Jan. 16, down 11.3 percent from mid-December. Active listings stood at 3,630, down 10.4 percent from a month earlier.

Other numbers of note:

  • Average sales price for December was $201,631, up 0.4 percent from a year ago.
  • Median sales price for December was $165,000, the same as a year ago.
  • The average market time in December was 58 days, up 11.5 percent from a month earlier.
  • There were 472 sales of units that were on the market 30 days or less.
  • At the upper end of the market, there were 49 sales of $500,000 or more, down 9.3 percent from a month earlier.   
  • For the year there were 15,002 total sales, down 0.8 percent from 2017.
  • Average price YTD was $208,227, up 6.4 percent from 2017.

Prepared for by Don Wade, 901.485.1653.