3 monthly sales data, comparisons
Jan/March 2006
306 Sold: 69 DOM: Ave list price $204: Sale Price $203
Oct/Dec 2006
191 Sold: 81 DOM: Ave list price $208: Sale Price $202
Jan/Mar 2007
173 Sold: 94 DOM: Ave list price $199: Sale Price $192
This info is indicative of a slower market. Period to period comparisons are reasonable accurate to compare markets.
Twice as many homes sold in the 1st quester of 06 versus the 1st qtr of 07. Days on Market (DOM) are way up indicating slower sales times.
Also average sales and listing prices are down from a year earlier, even though they were up in December.
This indicates it is still a tough market. One where when people need to move, there is activity and they can get moved. They better not hold price expectations too high.
Showing posts with label Market Report. Show all posts
Showing posts with label Market Report. Show all posts
Sunday, April 22
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