Georgian Triangle Market Update - Biggest October Ever Pushes YTD Sales Over $900 Million!

November 11, 2016

Well, the pattern of robust sales, fewer listings and rising prices continued into October, the Georgian Triangle’s 31st consecutive record sales month.


Monthly dollar sales of $94,406,889 and units sales of 254 were up 21% and 8% respectively from 2015’s previous October’s highs of $78,033,768 and 235. With new listings down 7% and expired listings down 48% from last year, the month saw a superhigh 91% sales/listings ratio.


Turning to the year-to-date numbers, Graph 1 shows that 2016’s dollar sales of $906,794,825 are up 29% from 2015’s prior YTD record, and up 56% from 2014. And as Graph 2 shows, this year’s unit sales of 2439 are up 17% from last year’s prior YTD record of 2086, as well as up.


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