Mineral Area Sales Statistics for August 2009

I would seem that sales are starting to pick up but I tend to say that softly. July saw a month on 85 residential sales for the area and then we followed that up with 71 residential sales for the month of August. August is traditionally a slower month with school starting and parents not wanting to shake up the household too much with the added stress of moving on top of school.

September is looking to be a very good month for sales and we are only half way through. As I write this, I am encouraged but the tax credit buzz, increased phone calls, and a general good feeling from my fellow REALTORS. Here is a quick breakdown of sale in the Mineral Area for the month of August.

Arcadia Valley
          Sold-3          Avg. Days On Market-69
Belleview
          Sold-2          Avg. Days On Market-116
Bismarck
          Sold-3          Avg. Days On Market-155
Bonne Terre
          Sold-8          Avg. Days On Market-118
Desloge
          Sold-4          Avg. Days On Market-144
Farmington
          Sold-16        Avg. Days On Market-54
Holiday Shores
          Sold-1          Avg. Days On Market-88
Lake Timberline
          Sold-1          Avg. Days On Market-43
Leadwood
          Sold-1          Avg. Days On Market-12
Fredericktown
          Sold-3          Avg. Days On Market-115
Marquand
          Sold-1          Avg. Days On Market-55
Park Hills
          Sold-9          Avg. Days On Market-55
Potosi
         Sold-4          Avg. Days On Market-46
Ste. Genevieve
        Sold-6           Avg. Days On Market-125
Terre Du Lac
        Sold-6           Avg. Days On Market-171
All Other Areas
        Sold-3           Avg. Days On Market-92

The total number of residential properties sold were 71 with an average days on market of 92. The average sales price was $97,349. The lowest sales price was $12,500 and the highest sales price was $350,000. Thanks for reading!