When comparing the first 3 quarters of 2019 to 2018, we see both positive and negative notes when looking at the market statistics that we follow. The number of sales and the dollar per square foot decreased this year, however, the median and average sale prices both increased. the average time on the market went up quite a bit and the list to sale price ratio slightly decreased.
|Gardner Mountain 3rd Quarter Report||2018||2019|
|Number of Sales||19||16|
|Median Sale Price||$385,000||$417,250|
|Average Sale Price||$446,389||$487,044|
|Average List to Sale Ratio||98.5%||97.6%|
|Median Dollar Per Square Foot||$370||$341|
|Days on the Market||71||124|
The Gardner Mountain neighborhood has continued to show an increase in the average month’s supply of homes on the market.