2012 ends on a high note in Memorial Villages

 

 

 

 

The year ended extremely upbeat in the Memorial Villages market.  Here are year over year numbers for the Memorial Villages combined (Bunker Hill, Hedwig, Hunters Creek and Piney Point):

                                                1/1/12-12/31/12           1/1/11-1/31/11             %Change

Number of Sales                                   199                              171                  +16%

Total Sales Volume                   $307,900,000              $252,300,000              +22%

Average Sales Price                      $1,547,000                  $1,476,000              +5%

                         12/31/2012                   12/31/11

Number of Listings                               54                                70                    -23%

Inventory Supply (months)                    3.3                               4.9                   -33%

The lovely home shown above at 19 Hibury went under contract the first day on the market.  2013 has started out with strong buyer activity in our office.