Summary Statistics

May-20
May-19
% Chg
2020 YTD
2019 YTD
% Chg

Absorption Rate
4.7
4.54
3.52
4.55
4.41
3.17

Average List Price
$369,559
$380,052
-2.76
$314,377
$311,345
0.97

Median List Price
$279,500
$285,000
-1.93
$250,000
$248,000
0.81

Average Sale Price
$236,291
$236,447
-0.07
$251,728
$230,977
8.98

Median Sale Price
$224,999
$205,000
9.76
$228,800
$206,500
10.80

Average CDOM
77
68
13.24
70
71
-1.41

Median CDOM
44
20
120.00
35
23
52.17







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This Month
Year to Date

2020
2019
% Chg
2020
2019
% Chg

0-29,999
13
10
30.0
56
68
-17.6

30,000-39,999
9
14
-35.7
36
53
-32.1

40,000-49,999
5
17
-70.6
32
70
-54.3

50,000-59,999
9
14
-35.7
48
57
-15.8

60,000-69,999
7
11
-36.4
43
62
-30.6

70,000-79,999
6
12
-50.0
31
78
-60.3

80,000-89,999
7
17
-58.8
39
57
-31.6

90,000-99,999
5
12
-58.3
32
54
-40.7

100,000-119,999 ...

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The Lawrence Group is committed to leading the way in Convenience, Safety, & Results.

Much like the weather, real estate markets are hyper-local... meaning what the market is doing in one state can be completely different than another state. More so, what's happening in one county, one city, and/or one neighborhood can be, and often is, different than another nearby area.
The reason why can be the result of many things: supply and demand, job opportunities, the local economy, school zones, etc.
The coronavirus, at this point, seems to be having a far less effect on our housing market, compared to other areas around the country. While we did see a dip in activity (not prices) towards the second half of March, the overall health of our market looks to be better than most. 
Deciding if now is the best time to buy and/or sell has many factors. Just a few can be your personal finances, short/long term goals, current/future family situation... among many others.
If you're considering buying and/or selling, let's discuss the options. As well as the advantages and disa ...

The wait is over…. the first release of Phase 1 is here! The newest and what is sure to be the most sought after residential development in Bay County is now available! Ten Acre Terrace: Where extraordinary quality, amazing location, and affordability collide! There are currently 4 homes available and 2 more under construction. The first release prices start at $200,00, with floor plans available from 1,376 sq.ft. to almost 1,800 sq.ft. This 43-home development will offer 100% financing and is also VA approved. In addition, special military incentives will be available. Each property will be built by some of the best local and well-known builders in our area. For a complete list of floor plans, pricing, and neighborhood details call us today at 850-814-8588 or visit TenAcreHomes.com. ...