This can be automatically e-mailed weekly to Preferred Clients upon request.O&A Downtown Weekly Reports YTD 11/7/14- Same trends continue with no real change as year winds down to an end. High end surging, inventory very tight so transactions are off. Significant upward pressure on pricing reflected in record average, median, total absorption and HEDP data points.
Transactions: -13.17%: 2856 (2014) vs 3289 (2013)
Absorption: +1.55%: $2,444,302,987 (2014) vs $2,407,001,436 (2013)
Average: +16.95%: $855,848 (2014) vs $731,834 (2013)
Median: +14.50%: $617,500 (2014) vs $540,000 (2013)
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Data courtesy of MLS Property Information Network. Last Updated December 21, 2014 9:18 am.