Q3 Luxury Market Trends

Page 9

2018 Q3 Luxury Market Trends

Mer cer Isl a nd

Offered at $4,585,000 | johnlscott.com/13880

Q3 2018

Q3 2017

% Change

Number of Sales

73

84

-13.10%

Total Dollar Volume

$141,308,233

$166,533,150

-15.10%

Average Sales Price

$1,935,729

$1,982,538

-2.40%

Median Sales Price

$1,750,000

$1,555,000

12.50%

Average Days on Market

19

41

-53.70%

Sold / List Price %

99.50%

99.70%

-0.20%

Average Price per SQFT

$586

$550

6.40%

Quarter-end inventory

85

66

28.8%

Offered at $4,700,000 | johnlscott.com/72757

The data is for single family residences over $1M in MLS area 510. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


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