This marks 41 consecutive months that the median sales price
is up in a year-over-year comparison.
Closed sales (86) also fell by double digits in Livingston County (14.9 percent), while the median sales price
jumped 13.6 percent to $130,625.
* Massachusetts has the highest average sales price
of any New England state, coming in at $470,016.
Those results contrast favorably with January, which saw sales decline 6.9 percent and the median sales price
gain 7.1 percent in the seven-county metro area.
Last year's average sales price
exceeded the previous record of $265,300, set in 2007 before the real estate bubble burst and the related financial crisis led to the Great Recession.
Calculate Gross Profit: Gross Profit (GP) is the difference between Portion Cost (PC) and Sales Price
Crigler's appraisal district is one of the defendants in a lawsuit the city of Austin filed last week against the state of Texas that contends that the property tax system is "unequal," in part because of a lack of mandatory sales price
Deloitte had earlier predicted that sales prices
in Dubai would soften by a further 1 per cent to 5 per cent and stabilize thereafter.
Jonathan Miller, president--CEO of Miller Samuel Real Estate Appraisers & Consultants, which compiles the report, notes that a compelling sign of growth in the region Is that this quarter "was the first time we've seen sales rise year over year since 2012." He also points to the 7.7% rise In the median sales price
for the overall Westside/ Downtown L.A.
Luxury sales in the City of Chicago were up 13 percent to 763 units through the first nine months of 2014, while the median sales price
for the period was $1,400,000, up 2 percent.
According to Reidin.com, the apartment sales prices
in the emirate registered a 37.7 per cent y-o-y, while the villa sales prices
posted a 22.9 per cent y-o-y.
The average sales price
divides all sales prices
by properties sold while the median sales price
is the sales price
in the middle of the list of all properties sold.