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Snapshot of the Market

By
Real Estate Agent with RE/MAX Select R.E.

 

Here is a quick look at what it going on in the real estate market in our area, zip code 98042...

Last month there were 290 homes for sale, currently 294 homes for sale.  The prices range from the low 100,000's to just under 3 million.

  • 2-bedrooms homes for sale:  14
  • 3 bedroom homes for sale:  131
  • 4 bedroom homes for sale:  109
  • 5+ bedroom homes for sale:  40

 

There were 45 homes that sold in November, 2009.   25 were re-sale homes and  20 were new construction.

A further breakout shows what type of homes sold..,.

  • New Construction:  44.5%
  • Bank Owned:  20%
  • Short Sales:  13.5%
  • Regular Re-sales:  22% 

 

The average sale price was $267,140.

            Low sales price was:  $124,900           

            High sales price was:  $455,000

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Geri

Thanks  for sharing your market update.

Good luck and success.

Lou Ludwig

Dec 02, 2009 01:55 PM