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Posted on January 15, 2016 - 10:59 AM
by Gail Finnegan
The inventory was lower in December 2015 than it was in 2014. In 2014 Versus last year, the total number of homes available this month is lower by 46 units or 19%. The total number of active inventory this December was 195 compared to 241 in December 2014. This month's total of 195 is lower than the previous month's total supply of available inventory of 196, a decrease of 1%
Last December, the median sale price for Augusta County Homes was $209,900. This December, the median sale price was $178,250, a decrease of 15% or $31,650 compared to last year. The current median sold price is 3% lower than in November. Although the inventory is down, it appears the prices are too. Good news for Buyers but not for Sellers.