City of Hays Home Sales Fell in December
Total home sales in the City of Hays fell last month to 14 units, compared to 20 units in December 2016. Total sales volume was $3.3 million, up from a year earlier.
The median sale price in December was $217,750, up from $143,500 a year earlier. Homes that sold in December were typically on the market for 127 days and sold for 95.0% of their list prices.
City of Hays Active Listings Down at End of December
The total number of active listings in the City of Hays at the end of December was 118 units, down from 120 at the same point in 2016. This represents a 8.4 months’ supply of homes available for sale. The median list price of homes on the market at the end of December was $181,998.
During December, a total of 7 contracts were written down from 21 in December 2016. At the end of the month, there were 7 contracts pending, compared to 15 at the end of December 2016.