Market Report for Tequesta – 2015 Q1

Tequesta
Tequesta’s real estate market showed a downtick in available inventory this quarter relative to the previous. March was the most active month this quarter with 38 closings worth $ 13.6M dollars. In total, there was 87 closings this quarter. Closings in Tequesta were down in Q1 when comparing to last quarter. Moreover, closings this quarter were higher with regards to the same time last year. January saw the most houses put on the market with 32 new properties added. Overall, listings were lower this quarter compared to last quarter and are higher from the same time last year.

The following is a table of statistics analyzing changes in the Tequesta real estate market, in addition to some graphical representations of the data points over time.

This Quarter vs. Last quarter vs. Last Year
Total Inventory 197 -4% 206 -7% 212
New Listings 86 -2% 88 2% 84
Avg List  $ 477.1k 10%  $  431.4k -3%  $  493.5k
Closings 87 -11% 98 24% 70
Avg Closing  $ 367.8k -32%  $ 545k -35%  $ 566.3k
Avg DOM 135 -15% 161 -17% 164
$/sq. ft  $ 153.50 -24%  $ 204.60 -23%  $ 200.29

 

Tequesta 2015 Q1 Market Report

 

Tequesta 2015 Market Report - $/sq. ft.

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