WHAT'S GOING ON??? DID HOME PRICES REALLY DROP???

Turns out prices are dropping! Yes they have definetely dropped..... but sales have drastically increased

take a look for yourself!

 

                                  DOWNEY HOME SALES REPORT FEBRUARY 2009 

Single Family Sales - Residential Other Statistics Price ClassBedrooms   2 OR Less34 Or More Condo SoldResidential ActiveCondo Active Totals10 21 6  3 253 37  Average Price304 398.4 508.3  312 582.6 246  Median Price310 365 390  360 472.5 250 

 

 

$0 - $99,999	1	0	0		0	0	0
$100,000 - $149,999	0	0	0		0	1	8
$150,000 - $199,999	0	0	0		0	0	6
$200,000 - $249,999	0	1	0		1	7	2
$250,000 - $299,999	2	2	0		0	23	11
$300,000 - $324,999	2	2	0		0	16	1
$325,000 - $349,999	1	4	1		0	18	1
$350,000 - $374,999	2	4	1		2	14	6
$375,000 - $399,999	2	1	1		0	24	0
$400,000 - $424,999	0	0	1		0	10	1
$425,000 - $449,999	0	1	0		0	13	1
$450,000 - $474,999	0	0	0		0	7	0
$475,000 - $499,999	0	1	0		0	19	0
$500,000 - $549,999	0	2	1		0	9	0
$550,000 - $599,999	0	1	0		0	19	0
$600,000 - $649,999	0	2	0		0	10	0
$650,000 - $699,999	0	0	0		0	8	0
$700,000 - $749,999	0	0	0		0	4	0
$750,000 - $799,999	0	0	0		0	8	0
$800,000 - $999,999	0	0	0		0	23	0
$1,000,000 - $1,999,999	0	0	1		0	17	0
$2,000,000 and over	0	0	0		0	3	0
(In Thousands $)
(In Thousands $)
	Time on MarketUNITS Total Units Sold40  Average Market Time50.2  1-30 Days 19  31-60 Days 7  61-90 Days 2  91-120 Days 2  121-180 Days 5  More than 180 Days 2	Types of FinancingUNITS AITD 0  ASSM 0  CONV 26  CASH 5  FHA 6  CAL 0  LANDC 0  OTH 2  OWN 0  PRVT 0  TRUST 0  VA 1  NO FINANCING REPORTED 0  TOTAL 40

                                        DOWNEY HOME SALES REPORT MARCH 2009

Single Family Sales - Residential Other Statistics Price ClassBedrooms   2 OR Less34 Or More Condo SoldResidential ActiveCondo Active Totals9 30 9  2 253 37  Average Price362.8 373.8 651.1  336.6 582.6 246  Median Price375 355 660  330 472.5 250     

$0 - $99,999	0	0	0		0	0	0
$100,000 - $149,999	0	0	0		0	1	8
$150,000 - $199,999	1	1	0		0	0	6
$200,000 - $249,999	1	1	0		0	7	2
$250,000 - $299,999	1	3	0		0	23	11
$300,000 - $324,999	1	3	0		0	16	1
$325,000 - $349,999	0	6	2		2	18	1
$350,000 - $374,999	0	3	0		0	14	6
$375,000 - $399,999	1	3	0		0	24	0
$400,000 - $424,999	0	3	1		0	10	1
$425,000 - $449,999	1	0	0		0	13	1
$450,000 - $474,999	2	4	0		0	7	0
$475,000 - $499,999	0	0	0		0	19	0
$500,000 - $549,999	0	0	0		0	9	0
$550,000 - $599,999	1	3	0		0	19	0
$600,000 - $649,999	0	0	1		0	10	0
$650,000 - $699,999	0	0	2		0	8	0
$700,000 - $749,999	0	0	2		0	4	0
$750,000 - $799,999	0	0	0		0	8	0
$800,000 - $999,999	0	0	0		0	23	0
$1,000,000 - $1,999,999	0	0	1		0	17	0
$2,000,000 and over	0	0	0		0	3	0
(In Thousands $)
(In Thousands $)
	Time on MarketUNITS Total Units Sold50  Average Market Time57  1-30 Days 24  31-60 Days 7  61-90 Days 9  91-120 Days 4  121-180 Days 3  More than 180 Days 3	Types of FinancingUNITS AITD 2  ASSM 0  CONV 27  CASH 3  FHA 17  CAL 0  LANDC 0  OTH 0  OWN 1  PRVT 0  TRUST 0  VA 0  NO FINANCING REPORTED 0  TOTAL 50

 

THINKING OF BUYING? DON'T THINK TOO LONG..... RIGHT NOW YOU KNOW PRICES ARE LOW WHY NOT

BUY WHEN YOU KNOW INSTEAD OF RUSHING TO BUY WHEN YOU DON'T!