Here are the latest market statistics. Sales are still higher than 2007. Sales prices are much lower, but more properties are moving. Inventory is down around 300 units from where it was in June of 2007 which is a great sign.
Sales and Inventory Report
Category - Detached Single Family
Statistics for Entire MLS from 1/1/2007 - 12/31/2008
Areas:14,15,16,17,18
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory
January
2007
35
$986,548
$878,286
196.51
89.02%
2244
64.11
February
2007
45
$872,323
$755,832
217.13
86.64%
2323
51.62
March
2007
61
$927,461
$849,824
208.06
91.62%
2425
39.75
April
2007
66
$927,835
$851,846
176.06
91.81%
2541
38.50
May
2007
67
$962,431
$852,637
232.10
88.59%
2661
39.71
June
2007
74
$1,169,505
$1,051,423
192.72
89.90%
2710
36.62
July
2007
72
$991,276
$885,040
210.56
89.28%
2751
38.20
August
2007
66
$1,021,511
$905,199
215.36
88.61%
2731
41.37
September
2007
48
$841,265
$776,862
154.52
92.34%
2712
56.50
October
2007
49
$830,587
$769,904
209.86
92.69%
2612
53.30
November
2007
39
$1,011,455
$891,039
162.83
88.09%
2603
66.74
December
2007
51
$826,026
$742,499
213.04
89.88%
2542
49.84
Annual:
673
$957,010
$860,095
200
89.87%
2571
48.02
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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