Home sales hit 10-year high

Saturday, April 15, 2017
Summary of real estate sales in the county, by year, and the median price associated with these yearly totals. Total sales Median price 2007 441 $159,300 2008 338 $158,000 2009 297 $150,000 2010 242 $129,950 2011 252 $115,250 2012 286 $101,500 2013 312 $110,475 2014 346 $109,900 2015 385 $126,000 2016 482 $131,750

The total number of homes sold in Elmore County hit a 10-year high with the price of real estate continuing to steadily increase after the local real estate market crashed nearly a decade ago.

The sale of 482 homes in 2016 represented a nine percent increase compared to figures from 2007 when the local real estate market peaked, according to information released last week by the Elmore County Board of Realtors

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