Great Press Equals Great Growth!!!!
People around the world have found us and are moving here quickly. So, the real estate market here is one of the best in the US. Through the first half of the year, we are up 17.5% in number of transactions over the same time period from 2014. We will easily sell over 14k homes this year and it will be the 3rd most active year ever. Meanwhile, prices are rising, but at a nice sustainable rate. Our median sales price is only up 3.3% over the same period from 2014. We now have a median sales price over $230k and that is the highest ever. However, $/sqft prices have not nearly completely recovered to the 2006/7 time period. And overall, our median sales price is still under where it should be as predicted by the regression analysis trend line. Based on all the sales prices back to 1991, we should have a median sales price now of over $250k. So, there is still plenty of room for more appreciation.