Slower Start to 2025 for Sea Colony
Posted by Leslie Kopp & Christi Arndt on Monday, March 10th, 2025 at 9:49am
March has arrived and after a winter with multiple snowstorms in a few short months, we are grateful for warmer, light-filled days ahead!
As the chart illustrates, Sea Colony had a slower start to the year for real estate activity. Through the first two months of 2025, properties took about a week longer to sell and new contracts were down 38% when compared to last year. Sales volume in dollars (based on list price) was down less, at 23% and the average sale price for properties settled in January and February was up 20% when compared to 2024.
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