October Market Report


The first full month of fall got off to a little slower start than September but don’t be discouraged, this is normal in the cycle of real estate. Between the weather becoming colder and school starting back, it’s human nature to hunker down for the winter. What we are left with are the buyers and sellers who are serious about moving, which leads to both sides being more flexible and a better transaction overall.

As for the numbers, we are seeing an increase in both sales and sales price year over year. So sale-by-sale Greater Columbia is coming out of the “recession” and showing strong stable growth.

SINGLE FAMILY RESIDENTIAL SALES IN GREATER COLUMBIA TOTALED 802 IN AUGUST 2014.

Annually, this is an increase of


compared to 743 total sales in October 2013.

Monthly, this is a decrease of


compared to 909 total sales in September 2014.

THE AVERAGE SALES PRICE FOR OCTOBER 2014 WAS $172,465.

Annually, prices have increased by


compared to 743 from October 2013.

Monthly, median prices have decreased


compared to September 2014.

ACTIVE LISTINGS TOTALED 5,933 IN OCTOBER 2014
WHICH IS A SUPPLY OF 7.56 MONTHS.


If you are thinking of buying, selling or just want to chat about current market trends, feel free to contact us.

**The data in this report was compiled by the Consolidated Multiple Listing Service (CMLS) and while deemed reliable, is in no way guaranteed.