Your equity dashboard

The biggest change this year

Nine homes sold in the past twelve months and eight the year before. On nine sales a single transaction moves the median by tens of thousands, so every figure on this card now uses the full 24 months: 17 sales, a median of $170,000, and a market where the typical home takes about two months to sell. Over those two years, thirteen listings expired or were terminated against the seventeen that sold — one of the highest failure rates in this series.

Where the supply is — and isn't

Sold counts cover 24 months; months of supply is measured against that two-year pace. Three homes are for sale — one between $100,000 and $199,999 and two in the $300,000 and above band, where four of the seventeen sales closed — and one more is under contract.

Three things worth knowing

1. 1Detached homes and everything else are different markets. Over the full two years, the eleven in-town detached sales closed at a median $278,000, the two townhouse units at a median $66,000, and the four mobile and modular homes at a median $92,500. Detached homes built from 1990 on sold at a median $290,000.
2. 2Four in ten homes take two months or longer. The median was 58 days and the average 82; seven of the seventeen sales needed 60 days or more. Over two years, homes that sold on a single listing took a median of 62 days; the three that relisted after failing took a median 296 cumulative days and settled at 94.7% of their last asking price — one of them at barely half.
3. 3There is almost nothing to buy. Three homes are for sale and one more is under contract, against seventeen sales over two years. The median sale closed at 93.0% of asking across that period, and the listings that failed were asking more than the market has paid — including newly built homes that expired twice without selling.