This report is residential properties only, for the entire service area that our MLS covers.
As of Feb, 2008, there are 1,869 residential properties available in our multiple listing service. The average listing price is around $180,00 with DOM at 129 days. Since Jan. 1, we have listed 639 homes and sold 26% of these or 167 homes. These 167 homes that have sold, went for 97% of their listed price. 35% of what was listed has expired.
Last year during this same time period, we were selling 46% of what we had listed, for DOM at 93 days, with only 13% expired. We had listed 1,504 and sold 703. The list price to sale price ratio was 98%.
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