Oak Creak Real Estate Market Activity Summary update for 2009

By
Real Estate Agent with First Weber Group/short sale/cdpe/gri

There was a 2.3% decrease in sales activity when compared to 2008 results.  The only month where there was a significant increase when compared to 2008 was November.  However, the new listings declined by 19.4% in 2009 when compared to 2008.

 

The average sold price in 2009 was $195,545 with an average market time of 144 days.  Most of the sales was bewteen $160,00 to $275,000.

The current average listing price is $235,686 with an average marketing time of 280 days. Assuming and average of 24 sales per month there is currently a 10.6 month inventory of listings.

 

 

Please contact me if you need assistance in buying, selling or short Sales.

 

 

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