Apr
26

In the News – April 26, 2015

By

4/23/15 Douglas Elliman releases Elliman Report for 1st Quarter 2015 Los Angeles Sales: Housing prices in Los Angeles have been rising for nearly three years. Inventory remained low with more sales in the first quarter than last year. This was the highest number of sales in nine years. With rising sales, rising prices and low inventory, there was limited negotiability between buyers and sellers. We anticipate these conditions to continue through the spring market.  See the Full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Aspen Sales:  Aspen housing market prices increased for the fifth consecutive quarter caused by falling inventory and a shift to larger sized sales. First quarter median sales price reached its highest level in five years. The market moved at a faster pace as sales increased and inventory declined. Snowmass Village followed a similar pattern of rising prices and sliding inventory.  See the full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Long Island Sales: Long Island housing inventory remained low as sales increased. The faster pace of the market made housing prices rise across much of the region. Luxury housing prices increased at a faster rate than the overall market. Without significant new supply entering the market, these trends are expected to continue through the coming quarters.  See the full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Hamptons Sales: The Hamptons housing market has been on a tear, having the highest median sales price in a decade and the most first quarter sales in eight years. Much of the market’s strength was concentrated in the $1 million to $5 million price range. An improving regional economy and low inventory have continued to keep the pressure on the market.  See the full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1st Quarter 2015 North Fork Sales:  First quarter North Fork housing sales reached an eight-year high as inventory fell, pushing housing prices up. Prices were generally higher and marketing times were faster. Rising sales and limited supply combined to create the fastest moving market in eight years. See the full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1st Quarter 2015 Fairfield County Connecticut Sales:  Fairfield County began 2015 with the most first quarter sales in nine years and the lowest amount of inventory in a decade. With rising demand and falling inventory, housing prices increased in both the overall and luxury markets at about the same rate.  See the full report at Elliman.com

4/23/15 Douglas Elliman Releases Elliman Report for 1 Quarter 2015 Greenwich, CT Sales:   Both sales and prices for the Greenwich condo market increased as inventory fell. Single family inventory expanded causing sales to take about the same time to sell as last year while condos sold more quicklySee the full report at Elliman.com

 

 

Comments are closed.