Clifton Real Estate Market Report for December 2017
The Real Estate market still very strong despite rising interest rates yet modest but perhaps we could expect additional raises by the FRB as the economy activity continues to thrive into 2018, which might have twofold consequences as potential buyers might get off the fence to benefit from still lower rates while dampening those in tight budgets or qualifications ratios that might not quite afford homes in certain price range.
Take a Look at Your Local Housing STATS
SOLD December, 2017
Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 71
Media Price Sold Price Sale to List Ratio DOM
$ 318,000 $ 318,000 98.8 36
SOLD December, 2016
Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 65
Media Price Sold Price Sale to List Ratio DOM
$ 299,000 $ 299,000 97.8 55
Month/Year to Year Increase:
Increased by 6.36% ↑
Last 6 Months of the Year 2017 as Compared to Last Year’s:
July 1st Through December 31, 2017
Single Homes SOLD (Incl, Condo/Town homes,Active Adults) : 409
Media Price Sold Price Sale to List Ratio DOM
$329,000 $325,000 98.5 34
July 1st Through December 31, 2016
Single Homes SOLD (Incl, Condo/Townhomes,Active Adults) : 371
Media Price Sold Price Sale to List Ratio DOM
310,000 $305,000 98% 39
6 Months/Year to Year Increase:
Increased by 6.6% ↑
See Recently SOLD Homes in your Neighborhood