Home Values - Homeview, Sterling Downs Houses

Average and Median Home Price of Homeview, Sterling Downs Houses Sold

When trying to understand Homeview, Sterling Downs neighborhood values for houses the first and most often real estate trend looked at is either average or median house sales price. The average price can be pushed up by a particularly expensive house being sold. Much less often an especially low price for one or more houses can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices

Quarterly Average Price of a Homeview, Sterling Downs Home

Quarterly Average Price of Belmont & Homeview, Sterling Downs Houses Sold

Price Per Square Foot for Homeview, Sterling Downs Houses Sold

The sales price of a Homeview, Sterling Downs house is affected by its size. Looking at price per square foot gives a partial adjustment for differences between houses. Furthermore if you look at the average size of a Homeview, Sterling Downs house sold you will see that it varies with time. Part of the variation is due to the random nature of which houses are being sold but the trend is for an increase in size with time because when a house is replaced with a newer house, the newer house is almost always larger.

Graph of the Yearly Average Price Per Square Foot for Homeview, Sterling Downs & Belmont Homes

Yearly Average Price Per Square Foot for Belmont & Homeview, Sterling Downs Houses Sold

Sales Price vs. List Price for Homeview, Sterling Downs Houses Sold

Home buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show trends for this relationship using color coding which generally highlights changes in the market. More Homeview, Sterling Downs homes being sold over list price is a very good indicator of rising home prices. More homes being sold under list price is a very good indicator of falling home prices.

Graph of the Quarterly Average Sales Price vs. List Price for Homeview, Sterling Downs Houses

Quarterly Average Sales Price & List Price for Homeview, Sterling Downs Houses Sold

Number of Homeview, Sterling Downs Houses Sold

A quick estimate of how active the Homeview, Sterling Downs real estate market is, can be found by looking at the number of houses sold. Locally there is a strong seasonal change in the number of houses sold. The lowest number of houses sold typically occurs around December & January. The highest number of houses sold typically occurs around May. Price changes do not track the seasonal change in the number of houses sold.

Graph of the Quarterly Number of Sales vs. Price Per SqFt for Homeview, Sterling Downs Houes Sold

Quarterly Number of Sales & Price Per SqFt for Homeview, Sterling Downs Houses Sold

Jump to an extensive view of Homeview, Sterling Downs real estate trends for houses and Homeview, Sterling Downs home prices.

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