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QUICK FACTS Overall Change in: Average Sold Price in Residential

QUARTERLY STATISTICS (MARKET OVERVIEW)

+9.8142% ______________________ Average Sold Price in Lots & Lands +14.578% ______________________ Average Sold Price in Commercial 0% Photo courtesy of: www.johnsonteamrealestate.com

May 2015

Pearl River County Board of REALTORS速 This information displays the overview of the entire market including residential, commercial, and lots and land listings from January to March 2015 as compared to last year at the same time. In addition, it compares each individual listing type for the same period. It also includes a 5-year overview comparison.

Photo courtesy of: www.kellyskindergarten.com

1st Quarter Statistics

Information deemed reliable, but not guaranteed.

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Quarterly Statistics OVERVIEW COMPARISON (JANUARY – MARCH 2014/2015)

Pearl River County Board of REALTORS® MLS INCLUDES: All Type Listings  Listings sold Average Sold Price: Average Days on Market:

2014

2015

Variance

130 $ 106,097 152

123 $106,494 158

-5.3846% +0.3741% +3.9473%

RESIDENTIAL Listings sold Average Sold Price: Average DOM:

2014

2015

Variance

102

91

-10.7843%

$ 111,196

122,109

+9.81420%

145

151

+4.13793%

COMMERCIAL Listings sold Average Sold Price: Average DOM:

1st Quarter Statistics

2014

2015

Variance

4

0

-100%

$ 287,500

0

-100%

161

0

--100%

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LOTS & LAND 2014

2015

Variance

24

32

+33.333%

$ 54,190

62,090

+14.578%

181

181

0%

Listings sold Average Sold Price: Average DOM:

Five Year Comparison Includes: All Property Listings Sold Average Sold Price: Average DOM:

(January – March 2011-2015)

2011

2012

2013

2014

2015

130

114

121

130

123

$98,211  

$92,369  

$124,055  

$106,097

106,494

181

165

206

152

158

RESIDENTAL:   It definitely appears that in our first quarter, sold inventory has decreased yet the average sold price  has increased.  Are we possibly going further into a Seller’s market? Well, inventory is low and, as you  can see, the average sold prices are increasing . Advise your clients and/or customers this is the time to  buy!   COMMERCIAL:  There has been no activity in sold commercial inventory when compared to last year at this time.  Be  aware, this does not mean that this industry is slowing down, by any means.   LOTS & LAND:    Not only did the sold inventory go up, the average sold price went up as well. It looks like land was  the hot commodity this quarter. 

      The Board's mission is to partner with its members to enhance professionalism and economic prosperity for real estate in the community.

1st Quarter Statistics

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Quarterly statistics first quarter 2015  

Pearl River County Board of REALTORS 1st Quarter Statistics - 2015

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