Monthly Comparisons - When examining monthly breakdowns, 2004, once again, had remarkable totals. April was the strongest month for dollar values bringing in $61 million, $31 million of which came from single family residential sales. In 2000, 2001, 2002 and 2003, April wasn't nearly as strong as dollar values totaled $36 million in 2000, $20 million in 2001, $21 million in 2002 and $31 million in 2003 (the same amount as just the single family residential dollar values for (2004). March came in just behind April in 2004 with dollar values totaling $60 million, again the strongest property type being single family residential at $33 million.
November and May were also high in 2004 with $53 million and $51 million, respectively, and worth noting was that the monthly average for 2004 was $45 million, compared to $30 million in 2003 (even with its banner $64 million in September), $23 million in 2002, and $26 million in 2001. The monthly average for 2004, from March through December, fell just shy of 2000's average for the same period even with 2000's sky-high numbers in September ($93 million) and June ($76 million). The average in 2000 ($49 million) was only 6.5% higher than 2004 ($46 million). As far as monthly sales numbers, August was the strongest month in 2004 with 84 total transactions, 33 of which were land sales and 25 of which were single family residential sales.
September through November also boasted large transaction numbers with 78 in September, 76 in October, and 75 in November. While 2004 was striking on many counts, it finished off the year with a bang-a trait not always common in the industry's annual pattern. Total sales for the last quarter were on par with those from earlier quarters proving that the market was consistently high all year.October's dollar values totaled $46 million, November's totaled $53 million and December's totaled $39 million-a quarterly average of $46 million. This is a vast improvement over 2003's last quarter average of $32 million, 2002's last quarter average of $21 million, 2001's last quarter average of $21 million and even 2000's last quarter average of $43 million.