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Ashland single family market snapshot 2007 vs 2008

By
Real Estate Agent with RE/MAX Executive

Ashland market statistics 2007 vs 2008
 

Single family

activity

Sold

volume

Avg sold

price

Median sold price

Days on mkt

  

2008

119 

414,000

421,000

111

2007

131

435,000

420,000

119

Trend

Dn 9%

Dn  6%

flat

Dn 7%

While the number of homes sold was down 9%, the average sales price was only down 6%. The median sales price held pretty steady showing that homes in all price ranges are still selling in Ashland. The average days on market has improved by 8 days which tells me sellers are more realistic about market conditions and pricing more accurately from the start.

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