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Beverly Months of Single Family Inventory March 2008

By Kristal Pooler

Real Estate Agent with Kristal Pooler & Associates. Coast & Country Properties Inc.

March 18, 2008 10:13 AM

The amount of competing inventory affects a property's price.

If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.

The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant.

Price Range	Active Listings			Sold Listings 3/19/2007 - 3/18/2008			Months of Inventory
Price Range	# Listings	% Total	DOM	# Listings	% Total	DOM	Months of Inventory
$150,000 - $199,999	1	0.83%	246	3	1.21%	94	4.0
$200,000 - $249,999	2	1.65%	16	11	4.44%	75	2.2
$250,000 - $299,999	7	5.79%	100	30	12.10%	62	2.8
$300,000 - $349,999	14	11.57%	120	61	24.60%	73	2.8
$350,000 - $399,999	25	20.66%	72	46	18.55%	68	6.5
$400,000 - $449,999	7	5.79%	91	22	8.87%	92	3.8
$450,000 - $499,999	7	5.79%	85	22	8.87%	95	3.8
$500,000 - $599,999	13	10.74%	217	20	8.06%	115	7.8
$600,000 - $699,999	9	7.44%	189	12	4.84%	130	9.0
$700,000 - $799,999	10	8.26%	219	8	3.23%	164	15.0
$800,000 - $899,999	5	4.13%	211	3	1.21%	66	20.0
$900,000 - $999,999	2	1.65%	122	1	0.40%	359	24.0
$1,000,000 - $1,499,999	6	4.96%	181	5	2.02%	90	14.4
$1,500,000 - $1,999,999	3	2.48%	383	2	0.81%	38	18.0
$2,500,000 - $2,999,999	1	0.83%	132	0	0.00%	0	no sales
$3,000,000 - $3,499,999	1	0.83%	302	1	0.40%	175	12.0
$3,500,000 - $3,999,999	1	0.83%	436	0	0.00%	0	no sales
$4,000,000 - $4,499,999	3	2.48%	146	1	0.40%	55	36.0
$4,500,000 - $4,999,999	1	0.83%	499	0	0.00%	0	no sales
$5,000,000 - $5,999,999	2	1.65%	199	0	0.00%	0	no sales
$7,000,000 - $7,999,999	1	0.83%	281	0	0.00%	0	no sales
	121	100%	152	248	100%	85	5.