September 2017 Market Update

August was a hot month, but in September things have slowed down some, with a drop of 13.17% in residential home sales. There are also more new listings taken in September than there were in August, with an increase of 19.47%.

That being said, September of 2017 had more sales than the previous September - up 3.70%. Year to Date, residential sales are down just 0.86% over the same time period last year.

Brinkoetter led the market in September. Out of 112 residential sales, Brinkoetter has taken part in 96 of those transactions, or 85.7% of all residential real estate transactions.

 

Month of September, 2017

  Sales Avg. Sale Price List-to-Sell % Avg. Days on Market
Residential 112 $93,604 94.45% 80
Multi-Family 1 $75,000 96.77% 146
Commercial 0 0 0 0
Lots & Land 0 0 0 0

 

Source: Decatur Board of Realtors Reporting

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