I thought it would be more beneficial to look at 2008 Wheaton Real Estate numbers in context with those same numbers from past years. I have gone back to 2005. This should give us a good idea of where we have been.

This first graph is of average sale price. The average sale price of Wheaton homes went up in 2006, had a plateau in 2007 and then dropped to just below 2005 sales prices. Now these are just averages. There are neighborhoods around town where the numbers are even lower, more in line with 2003 prices. It just depends on where you live.

The next two graphs are pretty self explanatory. The days on the market have gone up considerably from 2005 and the next graph shows the number of homes actually sold have gone down each year.