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

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