Funkhouser Real Estate Group
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Friday, November 10, 2017
Price Distribution

Looking at home sales in the past year we find that....
  • 9% of home buyers purchased for less than $100K
  • Half (51%) of home buyers purchased for less than $200K
  • 83% of buyers purchased for less than $300K
  • 94% of buyers purchased for less than $400K

As such, yes, only 6% of our local market is comprised of home sales over $400K.

Also, though not labeled on the graph -- 98% of home sales were under $500K.  So, if you're intending to sell a home for over $500K, bear in mind that you're aiming for only 2% of the local market.

And, here's all of the data for those who are interested....

Price Distribution