Below are some highlights from the November Residential Sales Statistics:

•  Total Sales Volume of $275,287,830 is slightly up this month from $273,080,211 in October resulting in a .81% and a 44.57% increase since November 2015.
•  The Average Sales Price increased .25% to $217,446 from $216,902 in October.
•  Average List Price of $223,119 is an increase of .18% from October’s number of $222,728.
•  Total Under Contract decreased by 7.65% this month.
•  Total Unit Sales of 1,266 is an increase of .56% over October’s number of 1,259 and an increase of 39.27% over November 2015.
•  The Median Sales Price of $184,900, from $178,000 in October resulted in a 3.88% increase.
•  New Listings, 1,727 are down from 2,061 in October, a 16.21% decrease.
•  Total Active Listings of 4,067 decreased from 4,103 in October and have decreased 20.19% from November 2015.
•  Average Days on Market dropped to 47 from 49 last month.
•  Conventional loan sales of 47.6% exceeded Cash Sales of 23.1%.

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