Riverside, California 2021-11-30 09:32:45 –
The average selling price for a house in Nueces County in July was $ 257,842.According to data from, it is an increase of 9.7% compared to July 2020 Realtor.com..
The number of units sold decreased by 20.7% from the previous year. A total of 298 homes were sold throughout the county during July. In the same period of the previous year, 376 single-family homes were sold.
Real estate sales can take weeks or months to be recorded and collected. This is the latest data available through. From the National Association of Real Estate Agents to the USA TODAY Network..
The average selling price for condominiums and townhouses sold in July was $ 208,500. This figure represents a 37.2% year-on-year increase. In Nueces County, 34 were sold, down 34.6% year-on-year.
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For information on the local housing market, USA TODAY Network with more data from the National Association of Real Estate Agents.
The top 10% of properties sold were priced at over $ 462,188, down 0.6% year-over-year.
In July, no property was sold for more than $ 1 million.
According to experts, the median is a more accurate picture of what’s happening in the market, so the median home selling price (the midpoint of all homes or units sold over a period of time) is the average home selling price. Is used instead of. .. When finding the average price, all prices of homes sold are added and divided by the number of homes sold. This measurement can be distorted by one low or high price.
USA TODAY Network publishes a localized version of this story on news sites nationwide, generated using data from the National Association of Real Estate Agents. Realtor.comThe story was written by Sean Rahman..
Nueces County’s average home sold for a higher price than last year Source link Nueces County’s average home sold for a higher price than last year