Category: Uncategorized

The jump in pending listings in November, where mortgage rates steeply declined, led to a considerable increase in December home closings, where home sales in December jumped 33% to 149 units.  Existing home sales were up 35% (101 sales to 136), and new construction was up 18% (11 sales to 13).  Sales in the City…

Single-family sales for November were up 1% to 145 units in Boone County, but the City of Columbia posted a 4% decline.  Year-to-date sales in Boone County are down less than one percent, which seems to result from sluggish new construction sales since June.  For the first four months of the year, new construction sales…

After several months of declining pending listings (homes under contract), home sales in September tumbled 11% to 146 sales.  This marks the fourth month in a row of declining home sales, and year-to-date sales have now turned negative by 1% for the year.  Sales in the city limits of Columbia were down 9% comparatively and…

Single-family home sales in August were down 10% to 183 units from last year.  At the end of May, year-over-year sales were up 10%; however, sales have declined every month since, leaving only a .05% increase for year-to-date sales through August.  Sales should continue to drop as pending listings (homes under contract) were also down…

Let’s start with July home prices.  Home prices in July were record-setting, blowing past the previous records set earlier this year.  The average sold price in July was $416,048, up 19% from last year.   This is an 11% increase from the previous record high in April this year of $374,409.  The median home price in Boone County…