Residential SeptemberActive - 152New Listings - 52Deposits - 20Closed - 24Average Sale Price - $211,372SP/Sq.Ft - $145.12DOM - 55 1/1/2008 - 9/30/2008Closed - 199Average Sale Price - $253,137 Median Sale Price - $228,000SP/Sq.Ft. - $155.08DOM - 65 1/1/2007 - 9/30/2007Closed - 309Average Sale Price - $268,082 Median Sale Price - $250,500SP/Sq.Ft. - $156.91DOM -60 Number of sales are down 36% compared to last year. Average sale prices are down 5.6% and median sale prices are down 9%. September saw a drop of 16.5%compared to the first 9 months of the … (1 comments)
Residential September Active Listings - 60New Listings - 10Deposits - 5Closed - 4Average Sale Price - $285,500SP/SqFt - $131.17DOM -60 1/1/2008 - 9/30/2008 Closed - 63Average Sale Price - $274,058 Median Sale Price - $255,000SP/SqFt - $157.91DOM - 62 1/1/2007 - 9/30/2007 Closed - 72Average Sale Price - $270-652 Median Sale Price - $258,000SP/Sq.Ft - $150.84DOM - 61 Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major … (0 comments)
Residential SeptemberActive Listings - 180New in Sept. - 58Deposits - 24Closed - 24Avg.Sale Price - $421,737SP/Sq.Ft. - $173.13Avg.DOM - 43 Closed 1/1/2008 - 9/30/2008249Avg. Sale Price - $451,985SP/Sq.Ft - $176.55DOM- 60 Closed 1/1/2007 - 9/30/2008300Avg.Sale Price - $448,856SP/Sq.Ft - $181.53 DOM -53 Comparing last year to this year sales are down by 17%, but the average sale price is up very minimally. Looking at September compared to the 1st 3 quarters the average sale price is down 6.7%. Hopefully this is not a trend. Condominiums SeptemberActive Listings - 35New in … (0 comments)
June 2008 Act - 60New in June - 13 Deposits - 11Closed - 10 Avg Sale Price - $220,000SP/SqFt - $169.31Avg. Dom 45 June 2007 Closed - 7Avg.Sale Price - $240,786Sp/SqFt - $148.90Avg. DOM - 44 Comparing last June to this June, prices are down 8.7%, but number of closed sales were up about 42% and days on the market was about the same. Jan.1, 2008 - June 30, 2008 Closed - 36Median Sale Price - $252,000SP/Sq.Ft - $158.22DOM - 47 Jan.1, 2007 - June 30, 2007 … (1 comments)
Residential 1/1/2007 - 3/31/2007 Closed Sales - 19Average Sale Price - $287,489Average Price/Sq.Ft. - $149.46Average Days on Market - 79 1/1/2008 - 3/31/2008 Closed Sales - 16Average Sale Price - $ 278,038Average Price/Sq.Ft. - $158.39Average Days on Market - 53 Overall number of sales are down 15.8% and prices are down by 3.3%. This isn't too bad. There are only 55 homes on the market so the inventory has not gone up. … (1 comments)
real estate: Short Sale Help by Marabeth Gildersleeve
- 01/30/07 04:44 AM
What is a short sale? It happens when you need to sell your property and don't have enough money coming out of the proceeds of the sale to pay off your mortgage. In that case you would have to come to the closing table with cash to pay off the mortgage. What if you don't have the cash? I am going to share my experiences with short sales and I may be able to help you. I have had some experience with short sales both in representing the seller and in representing the buyer of a short sale home. When I represented … (4 comments)
Market Report for Middletown for September and 1st 3 Quarters;)
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