As you can see the last "five" years of the Dr. Phillips area List Vs. Sold. In the year 2013 Feb-Mar and May-Jul spiked for sellers receiving asking price for the most part . Jul-Aug 2014 spiked, Jan-Feb 2015, May-Jun, 2015 spiked, Jul-Aug 2016 Spiked. Remember presidential elections, stock markets and world events have a major impact on interest rates which can be for our country best or worst interest. The phrase buy low sell high has always been in effect for years. I truly hopes this helps with homework and valuable information when it comes to purchasing a home in the Dr Phillips area.
The last two years original price vs Sold price seemed to be -15 percent give or take the last two years.
This picture shows the actual days on the market vs listed median price chart for the last four years depicts the listing price broken down by days on the market for contract.
As you can see the Historic Sales Price Trend has headed back up from ten years ago close to 400K.
Historic Sales by year was 2017 the 2015 the 2016.
Months of inventory for the last twelve months spiked from May-Jun 2018
Average days to sell home by price from Jan 2018-May 2018
Average Sales Price From Jan-May 2018