The Christmas Valley 1 & 2 Neighborhoods saw some mixed notes. Christmas Valley 1 seemed to be the shining star out of the two in almost all categories. The number of close sales went down for both areas. 35% for Christmas Valley 1 and 7.7% for Christmas Valley 2. On a positive note, the closed sales prices went up in both areas for both median AND average. The median went up 27.8% for CV1 and only 3.3% for CV2. Not a huge jump on the second area, but up none the less. The average went up substantially for CV1 at 45.8% while CV2 was once again behind at 13.2%. New listings went up 41.2% for Christmas Valley 1 while Christmas Valley 2 saw no change. Days on the market went down for CV1 while CV2 stayed about the same in this category as well. We are attributing some of these results for CV2 as a biproduct of low inventory. Interestingly enough, the month supply went down 20% for this area while Christmas Valley 1 had no change at all.
| Christmas Valley 1 Market Comparison | 2017 | 2016 |
|---|---|---|
| Number of Sales | 20 | 13 |
| Median Home Price | $485,000 | $379,500 |
| Average Home Price | $577,192 | $395,845 |
| Average List to Sale Ratio | 98.7% | 96.7% |
| Average Dollar Per Square Foot | $262 | $266 |
| Days on the Market | 97 | 67 |
| Month Supply | 2.9 | 2.9 |
| Christmas Valley 2 Market Comparison | 2017 | 2016 |
|---|---|---|
| Number of Sales | 26 | 24 |
| Median Home Price | $403,250 | $390,500 |
| Average Home Price | $477,000 | $421,469 |
| Average List to Sale Ratio | 98.1% | 98.2% |
| Average Dollar Per Square Foot | No Data Available | $238 |
| Days on the Market | 116 | 117 |
| Month Supply | 2.4 | 3.0 |
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