LAR CVTS ONLY JURISDICTION BY CATEGORY (ALL CATEGORIES) FOR FEBRUARY | ||||||||||||||
2008 REAL ESTATE MARKET TREND | ||||||||||||||
LISTINGS | RECEIVED | PENDING | SALES | EXPIRED | WITHDRAWN | BOM | ON-MARKET | |||||||
2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | |
Residential Homes | 493 | 530 | 143 | 106 | 95 | 80 | 173 | 156 | 212 | 221 | 21 | 18 | 2404 | 2503 |
Condo | 104 | 102 | 20 | 14 | 9 | 7 | 30 | 28 | 51 | 38 | 1 | 1 | 478 | 475 |
MULti- homes | 3 | 4 | 1 | 0 | 0 | 0 | 3 | 2 | 2 | 4 | 0 | 0 | 24 | 31 |
Vacant Land | 118 | 122 | 6 | 6 | 3 | 6 | 28 | 89 | 31 | 32 | 0 | 1 | 1791 | 1711 |
Commercial | 33 | 20 | 1 | 4 | 0 | 1 | 11 | 4 | 18 | 7 | 2 | 1 | 220 | 219 |
Total | 751 | 778 | 171 | 130 | 107 | 94 | 245 | 279 | 314 | 302 | 24 | 21 | 4917 | 4939 |
LISTING VOLUME | SALES VOLUME | MEDIAN SALE PRICE | AVG DOM | |||||||||||
2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | ||||||||
RES | $115,288,510 | $148,575,278 | $19,332,861 | $18,351,781 | $175,000 | $223,500 | 144 | |||||||
CND | $12,806,751 | $15,483,096 | $1,265,000 | $1,125,500 | $135,000 | $172,100 | 157 | |||||||
MUL | $437,900 | $1,159,600 | n/a | n/a | n/a | n/a | 0 | |||||||
VAC | $18,919,194 | $16,431,659 | $297,000 | $467,000 | $100,000 | $37,500 | 348 | |||||||
COM | $6,913,700 | $7,824,488 | n/a | $440,000 | n/a | $440,000 | 0 | |||||||
Total | $154,366,055 | $189,474,121 | $20,894,861 | $20,384,281 | ||||||||||
Information provided by Realcomp |
Seems like Sales counts are up, but sales dollars are down. The Average sales has decreased compared to last year.
Lu Kalaj
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