Third Quarter Real Estate Transactions for Carrollton

In the third quarter of 2010, the number of home sales was down 42% from 2009. However, the median sales price has remained almost unchanged. Homes in Carrollton are generally staying on the market for a longer period of time in 2010, except for homes under $100,000 and over $500,000. The market share by price is dominated by those homes under $300,000. The share of homes over $500,000 has gone up from 2009, suggesting more are trying to sell homes in that price range. The third quarter monthly sales have declined greatly from the second quarter and are down significantly from sales 2009. Except for homes under $100,000 and over $750,000, there is a much greater amount of inventory on the market as compared to the previous year. From $150,000-$300,000 there were 7-9 months worth of homes available in quarter three of 2010. However, in the $500,000 range, there were over 48 months worth of inventory on the market.



From My Website: www.HomesPricedToSell.com