Roxbury Real Estate Report
As of August 19th 2009, the On-Market inventory In Roxbury has increased but the overall values have gone up as well. Lets take a look at the numbers:
Total Inventory was 79 on August 19th 2009 and has increased to 97 in 2010 an 23% Increase
The Average Number of Days on Market was 132 Days in 2009 and is now 116 Days a 12% Decrease
The average list price was $207,244.00 and is now $258,145.00 a 25% Increase
It is important to note that the on market inventory for the same time in 2008 was 168. Although the inventory is up from last year, The average number of days On-Market is down 12% and the average list price is up 25% (That is huge). These numbers indicate that market is getting stronger. Even though the inventory is slightly higher than last year, the average list price has increased significantly and homes are selling quicker. This is a good time to buy, as it looks like we may have already hit the bottom In the Roxbury Market.
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