New Home Sales and Prices Both Climb in Anderson According to Freshest Data
Posted on: Mar 06, 2014 07:01:41 AM
In the Anderson, SC market, new home closings climbed year-over-year in December, but the increase was less than November 2013. New home closings moved from 11 a year earlier to 16 after the figure moved from 11 in November 2012 to 21 in November 2013.
A total of 221 new homes were sold during the 12 months that ended in December, up from 216 for the year that ended in November.
New home closings were 16 of the 138 total closings, up on a percentage basis from 11 of 153 a year earlier. After rising year-over-year in November, closings of new and existing homes sank year-over-year in December.
Pricing and Mortgage Trends
The average price of new homes rose to $250,907 from last year's $231,893. This was on the heels of a 1.4% decline in November from a year earlier.
From the year-ago figure of $204,258, the average mortgage size on new homes moved up to $226,470. Average mortgage size on new homes went from $181,853 in November 2012 to $191,068 in November 2013.