Tracking Real Estate Trends

This originally appeared as part of the story “What’s Your Plan B?” 

Columbia’s housing market has seen multiple years of growth in demand while development has gotten more costly, and local real estate professionals fear an affordable housing shortage is fast approaching. We pulled some number to help understand the trend.

February 2017

Single-family home sales: 90
Existing single-family home sales per month: 72
New construction single-family home sales per month: 18
Single-family active listings on market: 532
Single-family homes average sold price: $185,763
Single-family home median sold price: $170,000
Single-family homes average days on market: 93
Single-family pending listings on market: 215

Single Family Homes Average Days on Market in Boone County

2012: 82 days
2013: 64 days
2014: 73 days
2015: 63 days
2016: 56 days
2017: 82 days (through feb. 2017)