Pine Creek housing market for September showed strong positive signs. The average sales price is up 16% from one year ago and 14% from August. The median sales price is up 15% from September 2010 and 28% from August. The absorption rate, the number of months to sell of the current inventory at the same rate of sales, is 4 months for Pine Creek. The number of active listings is down 54% from one year ago with only 4 new Pine Creek properties added to the market in September.
For the complete report visit Real Estate Market Report for Pine Creek.