Statistical News Releases

2015 was off to a good start with the most home sales for a January since 2007, just prior to the Global Financial Meltdown – a total of 475. January was also the ninth straight month in a row in which area home sales outstripped those of the previous year.

A total of 475 home sales took place in December, making the last month of 2014 not only the best December since 2006, but also the eighth straight month in a row in which area home sales outstripped those of the previous year.

According to Jim Holody, President of LSTAR, "Last month's statistics are just more proof that our local market continues to function at a very healthy pace." November 2014 was the 7th consecutive month in which area home sales outstripped those of the previous year.

In fact, October 2014 proved to be the sixth consecutive month in which area home sales outpaced those of the previous year.

For the fifth month in a row area home sales have exceeded those of the previous year.

Area home sales began to trend upwards in the Spring of 2014 with sales that exceeded those of the previous year in May (by 5%), June (by 23.4%), July (by 24.4%) and, now, August (by 13.6%). 791 homes sold in August 2014, making last month the best August since 2007, when 871 homes sold. 

980 homes sold in July 2014, making last month the second best July on record, surpassed only by July 2007, when 1,009 homes exchanged hands.

981 homes exchanged hands last month, up 23.4% from June 2013. Detached homes were up 22.3%, condos were up 28.4% and listings were up 18.6%. Year-to-Date sales total 4,337, up 2.8%.

The Spring Market might have been slow out of the gate, but it more than made up for any lost time in May. A total of 988 homes exchanged hands last month, the highest record for a month in six years. 

April saw the condo market rebound to more normal levels. 170 condos sold last month, up 18.1% from the previous year. Detached homes did not fare as well. 666 detached homes sold in April, down 7.5%.