Home Values

February 20, 2007

I thought this was interesting so I decided to pass it along.

Single-family home values (new construction) is up. In 2005, there were 423 single family permits, with a total value of $95,848,000. Thats an average of $226,591 per home.

In 2006, there were 459 single family permits, with a value of $120,794,000. That’s an average of $263,167.

That’s good news on two fronts: More homes were built in 2006 and those homes had higher valuations.

Similar Posts

Comments