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City of Poughkeepsie Market Report for period ending 11/30/2007

By
Real Estate Agent with 24/7 Realty Inc.
MonthYearUnits
Listed
Listed
Volume
Listed
Average
Units
Sold
Sold
Volume
Sold
Average
Average
DOM
Nov20073912,103,054310,33481,582,945197,868120
Totals: 3912,103,054310,33581,582,945197,868120

Total Listed:39Sold Units:8Remaining Units:31Inventory Accum.:3.88 *
Min Sold Price:
$119,000
Average Sold Price:
$197,868
Median Sold Price:
$168,472
Max Sold Price:
$320,000
Min List Price:
$55,000
Average List Price:
$310,334
Median List Price:
$265,000
Max List Price:
$1,255,000
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)

The average sales price is down only 9k but the number of active listings for the same period is double.  the median list and sold prices are also way down.