Nottingham Real Estate Market Update September 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Nottingham average!
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Below are market statistics for September 2015.
The total number of active homes on the market this September in Nottingham was 167 homes, up 2.45% from the same time last year.
Average Sales Price
Last September, the average sale price for Nottingham was $195,095. This year, average home prices ticked downward, on average, to $184,464, a decrease of 5.45% or $10,631 compared to the same time last year.
There was a decrease in total homes sold in September, with 40 sold this month in Nottingham versus 56 sold in August, a decrease of 28.6%. Total homes sold in September decreased 4.8% compared to 42 homes sold during the same time last year.
Down 8.0% from August, there were 46 homes that went under contract pending sale this September in Nottingham, up 21.1% compared to 38 homes during the same time a year ago.
Days on Market
In September, the average number of days on market in Nottingham was 92.