The preceding table indicates increasing values over the past five years.

Notice the median sale price has increased 23.5% overall, or .52% per month from 2010 through 9/30/2014.

Notice the average sale price has increased 10% from 2010 through 9/30/2014, or about .22% per month.

Summary: Values are increasing between 2.65% and 6.25% per annum.

Notice the dramatic difference between the annual median sale prices and average sale prices for each year? This is a very good example of why I do not trust the “Average.”

The first nine months of 2014 indicates a pace for 142 sales in 2014 which is about the same as 2013.

The sales price to list ratio has increased, meaning properties are selling close to list price.

Most properties at or near market value are selling between six (6) and nine (9) months.

BBQ: “I heard my father say he never knew a piece of land to run away or break.” by John Adams

BLT: Staind – “Outside”

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