Another month gone we are quickly approaching the fall market. Yardville is still holding steady with a current supply of homes at six (7) months. As mentioned in previous monthly reviews, this is above what we would consider a "great" market but still consistent with contacts every month. The ideal market supply is six (6) months or less.
I strongly believe we still have some "fire" left in the 2007 market place and if you are considering a move you might want to consider it strongly before the year end. And with the extra supply of homes and the recent reduction in interest rate it might be a perfect time for you to buy.If you want a no-hassle free market analysis please don't hesitate to contact myself or my team at (609) 448-2222. We are here to answer are your real estate questions,
The Desiree Daniels Team............... Here to serve you!!! 
Monthly Statistics for the Date Range Selected
Date | Units Listed | Listed Volume | Listed Average | Pended | Units Sold | Sold Volume | Sold Average | Average DOM |
Oct 2007 | 29 | 7,748,305 | 267,182 | 5 | 3 | 597,000 | 199,000 | 33 |
Sep 2007 | 127 | 37,411,032 | 294,575 | 40 | 63 | 16,002,800 | 254,012 | 81 |
Aug 2007 | 147 | 41,678,108 | 283,524 | 73 | 90 | 23,987,610 | 266,529 | 76 |
July 2007 | 143 | 40,487,745 | 283,131 | 78 | 86 | 23,482,446 | 273,051 | 81 |
June 2007 | 180 | 50,200,576 | 278,892 | 88 | 105 | 28,561,375 | 272,013 | 73 |
May 2007 | 191 | 54,935,945 | 287,622 | 99 | 98 | 24,764,188 | 252,695 | 75 |
Apr 2007 | 170 | 47,811,433 | 281,243 | 97 | 95 | 25,118,730 | 264,407 | 81 |
Mar 2007 | 161 | 44,786,617 | 278,177 | 111 | 90 | 22,192,171 | 246,579 | 95 |
Feb 2007 | 135 | 40,175,607 | 297,597 | 75 | 66 | 16,456,599 | 249,342 | 89 |
Jan 2007 | 151 | 42,507,349 | 281,505 | 100 | 79 | 21,327,570 | 269,969 | 91 |
|
|
|
|
|
|
|
|
|
Totals: | 1434 | 407,742,717 | 284,339 | 766 | 775 | 202,490,489 | 261,278 | 82 |
|
|
|
|
|
|
|
|
|
Inventory Accumulation for the Last 12 Full Months
|
|
|
|
|
Current Inventory * | Inventory Volume | Current Average | Average Monthly Sales** | Inventory Accumulation *** |
594 | 177,355,052 | 298,577 | 76 | 7 |
*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales
Pricing Details of Sold Units for the Date Range Selected
Minimum Prices | Maximum Prices | Average Prices |
Original List Price : $55,000 | Original List Price: $699,900 | Original List Price: $278,131 |
Sold Price : $45,000 | Sold Price: $650,000 | Sold Price: $261,278 |
|
|
|
Inventory Accumulation figures are only calculated when Report End Month is the current month
Market Statistics Criteria Used | |
Date Range: | 1/2007 to 10/2007 |
Price Range: | $1,000 to $10,000,000 |
Property Category: | Residential |
Area: | Hamilton Twp |
© Copyright 2007 TREND MLS - Information Deemed Reliable but Not Guaranteed. Printed 10/6/2007 7:51:26 PM
Comments (0)Subscribe to CommentsComment