Secondly, residential properties that went under agreement from 11/30/2010 through to 12/31/2010 reveal a current median and average sale price of $189,950. and $263,135., respectively. This information shows us a large month to month drop in median sale price of 17.4%, but a slight increase in average sale price, up 0.7% from November's average sale price of $261,145..
Last but not least, year over year statistics for residential properties in the same local market area for the year ending December 31, 2010 reveal a total sales volume of 1,405 properties that went under agreement which is down from 1,501 that went under agreement during the same calendar period of 2009. That's a 6.3% drop in total residential property sales volume. 2010 realized a median and average residential sale price of $199,000. and $268,723., respectivly. While the median sale price remained nearly unchanged, (down 0.4%), year over year, the average sale price was down 5.3% from a year earlier mark of $283,738..