Highland Woods showed some both positive and negative signs in the market statistics that we follow when comparing 2018 to 2017. The number of overall sales went up by 1 but the median and average sales prices both dropped in 2018. The average list to sale price ratio stayed about the same for both years as did the median dollar per square foot. The average time on the market went up in 2018 and so did the month supply of homes on the market. The table below shows the numbers for the market categories that we follow.
|Highland Woods Market Comparison||2017||2018|
|Number of Sales||13||14|
|Median Sale Price||$513,000||$465,000|
|Average Sale Price||$508,654||$493,714|
|Average List to Sale Ratio||97.7%||97.4%|
|Median Dollar Per Square Foot||$298||$300|
|Days on the Market||70||87|