| Single Family | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $238,000 (+8.8%) | $269,634 (+8%) | 233 (+8.7%) | 133 (-7.9%) | 145 (-13.2%) |
| Condo | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $246,000 (+64%) | $246,000 (+64%) | 1 (0%) | 3 (+200%) | 6 (-96.8%) |
The largest increase in the number of home sales can be found in Grand Isle – with an 8.7% increase year over year. However, the relatively small numbers can have a greater effect on the statistics.Grand Isle County reports the fewest number of sales of the 4 counties included in this report at 100 single-family homes and 1 condo sold year to date in 2017. A steady but moderate decrease in homes available for sale and an increase in single-family sales has driven the median sale price up 8.8% to $238,000.
Grand Isle typically sees stronger sales during the summer months. 45 single homes sold during the 3rd quarter which represents 45% of the total year’s sales; this pace has been consistent since 2015 while the number of homes available during the summer months has declined 10% since 2015.
The average days on the market before a home sells has dropped 22 days to 145. While this is the longest period to closing for the 4 counties in the report, it is less than 5 months. Well-priced homes in good condition will be of interest to savvy buyers.