2014 REAL ESTATE Market Stats

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2014 REAL ESTATE Market Stats are graphs created from information provided by the Sheridan County MLS (Sheridan County Board of Realtors) and include all transactions with participating companies:



Residential Statistics for 2014:

Res.Price Volume


The over sales volume within Sheridan County MLS (Sheridan County Board of Realtors) had an increase in transactions and volume in the Fall and Winter of 2014.







 If 6 months of inventory is thought to be a flat or stabile market then clearly we have a low supply: 5 months+/-.  I think all buyers would agree that they would prefer more options (houses) to choose from.  Some people say it is “equalized” but I would disagree.  Markets are constantly fluctuating up and down with the trends, seasons, popularity of a specific location or unique property.  Things in the market are moving daily.





The trend is obvious – fewer days on the market.  Basically, the good properties (price right, staged and ready to sell) are going under contract fast.  Buyers & sellers have to move faster – the velocity of the market is increasing.





Building Site.all of MLS.Absorption



Even the lots (building sites) are getting bought up.  There was a lot available a year ago but almost 1/2 of them sold in the last year – WOW.  Any new subdivisions coming soon?





 To read more of Matt Westkot’s real estate tips – click on realBLOG

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