Wednesday, February 29, 2012

February 2012 transaction data - Quincy



There were 31 Quincy closings in Jan 2012 and 28 in Jan 2011.


According to MLS tonight, March 1, there were 29 closings in Quincy during February 2012. The Median Sold Price was $85,500, the least expensive home was $34,000; the High Price was $310,000. The Average Price was $111,282.Of the 29 closings 4 were above $200,000, 4 more above $125,000.

For February one year ago, there were 35 closings; 4 above $200,000; 8 above $125,000. The Median Sold Price was $105,000 and the Average was $126,000, with a higher high and a lower low - $464,900 vs $15,000.

There are 246 active Quincy listings today which at thirty closings per month is about an 8 month supply. That favors the buyers. However, homes priced to sell went as quickly as 18 days. Average days on market is currently 100 days. There are 69 properties in contingent status.



All in all, we are about the same as last year. The market small so the difference between 29 closings in Feb this year versus 35 in Feb last year may NOT be significant. We'll see if the trend continues.



For a house or land in Quincy and Adams County, call me!




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