I love scatter charts. I look for trends, patterns and prices. The follow scatter chart show the year to date home sales in Pike Township. The bottom is a time line and the left hand side shows the price point.
80 percent of the home sales are $186,000 or under
20 percent of the home sales are over $186,000
The highest price paid for a home was $1,250,000
The lowest price paid for a home was $6,900
The average price paid for a home was $149,966
The median price paid for a home was $122,900
The average days on the market was 79
The average square footage of a home is 1879
The average dollars per square foot is $74.99
16 percent of home sales are distressed sales
(My definition of distressed are HUD sales, bank owned sales, foreclosures, short sales and VA owned sales.)
Distressed sales are falling off in Pike Township as you can see in this chart;
Here is a chart showing just the past 3 years;
Currently with 895 home sales this year we are close to breaking the record of last years 1083 but probably not 2013’s record of 1112.