Circle Cross Ranch Market Statistics for November 2008

There were a total of 104 closed sales from June 1st to November 30th in 2008 compared to 35 in June 1st of 2007 to November 30th of 2007. The average selling price for that period was $139,000 compared to an average selling price of $204,085 for the same period in 2007, a percentage drop of 32%. The average sales price per square foot was $69.45 compared to $102.14 for the same period in 2007. The average number of days a house was on the market was 104, compared to 35 days for the same period in 2007. Currently there is a 4.6 month supply of inventory with 80 houses on the market for sale as of 12/05/2008.  With prices down so low and interest rates very favorable it is a great time to buy if you know where to look.  As real estate experts in Circle Cross Ranch, we're here to help you find a great property at a great price, please contact us today for an up to date FREE market report or a list of bank owned foreclosed homes.