Adams County Housing Market Data

There was a decrease in total units sold in April, with 64 sold this month in Adams County Real Estate versus 83 last month, a decrease of 23%. This month's total units sold was higher than at this time last year, an increase of 5% versus April 2012.

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Versus last year, the total number of homes available this month is lower by 146 units or 18%. The total number of active inventory this April was 654 compared to 800 in April 2012. This month's total of 654 is higher than the previous month's total supply of available inventory of 619, an increase of 6%.

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Last April, the median sale price for Adams County Homes was $180,000. This April, the median sale price was $162,450, a decrease of 10% or $17,550 compared to last year. The current median sold price is 5% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 10.2 months of supply available in Adams County, compared to 13.1 in April 2012. That is a decrease of 22% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 202 homes newly listed for sale in Adams County compared to 155 in April 2012, an increase of 30%. There were 122 current contracts pending sale this April compared to 75 a year ago. The number of current contracts is 63% higher than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in Adams County was 93.6% of the average list price, which is 1.4% lower than at this time last year.

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This month, the average number of days on market was 124, lower than the average last year, which was 142, a decrease of 13%.

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Focus On: Adams County Housing Market			April 2013
Units Sold 64	Active Inventory 654	Median Sale Price $162,450	Days On Market 124

Up 5% Vs. Year Ago	Down -18% Vs. Year Ago	Down -10% Vs. Year Ago	Down -13% Vs. Year Ago

iCharts		Units Sold There was a decrease in total units sold in April, with 64 sold this month in Adams County Real Estate versus 83 last month, a decrease of 23%. This month's total units sold was higher than at this time last year, an increase of 5% versus April 2012. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 146 units or 18%. The total number of active inventory this April was 654 compared to 800 in April 2012. This month's total of 654 is higher than the previous month's total supply of available inventory of 619, an increase of 6%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for Adams County Homes was $180,000. This April, the median sale price was $162,450, a decrease of 10% or $17,550 compared to last year. The current median sold price is 5% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 202	Current Contracts 122	Sold Vs. List Price 93.6%	Months of Supply 10.2

Up 30% Vs. Year Ago	Up 63% Vs. Year Ago	Down -1.5% Vs. Year Ago	Down -22% Vs. Year Ago

iCharts		Months of Supply In April, there was 10.2 months of supply available in Adams County, compared to 13.1 in April 2012. That is a decrease of 22% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 202 homes newly listed for sale in Adams County compared to 155 in April 2012, an increase of 30%. There were 122 current contracts pending sale this April compared to 75 a year ago. The number of current contracts is 63% higher than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in Adams County was 93.6% of the average list price, which is 1.4% lower than at this time last year. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 124, lower than the average last year, which was 142, a decrease of 13%. Click here to compare the days on market of this area against other locations.		iCharts



*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by RAYAC and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RAYAC or Long & Foster Real Estate, Inc.