The following Tri-County report shows that the number of Closed Homes (8,953) increased 5.3% in 2011 compared to 2010, and increased by 11.7% compared to 2009. At the same time, New Listings Taken has decreased by 16.3% over 2010.
The Median Sales Price dropped from $189,215 in 2010, to the 2011 level of $183,000, or a 3.3% decrease. The Median Sales Price, just 10 years ago in 2002, was $156,000 or a 17% increase in that time period.
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