Market Data for 2016 - Steve Arrington - Remax Traditions

Market Data for 2016

Market Data for 2016

Steve w Sign_KNB6557TColor Web

The data is in for the first four months of 2016 and so far the market is good and needs more inventory…the average time on the market is up a little and the amount received in price relative to the asking price is down a little as well…the average or median price is up…

Buyers continue to come into the market…however the programs for low down or no down are almost non existant and are hard to get accepted by a seller in this market…still there seems to be enough inventory for a good decision to be made and more inventory is welcome… It is now easier to find houses for sale in the Cape Coral area and other areas than ever before.

Market Data:

2016 as of 5-1-2016
total number of sales       average days on market                            median price                                 % of asking price
335                                          27                                                    $343,000                                               100.00%