My team and I continuosly monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Webb City area real estate statistics for the period September 2007 as compiled by the Ozark Gateway Association of REALTORS®.
| Webb City Area Market Condition Report | |||||||||||
Month/Year | New Homes on the Market | Total Active Homes on the Market | Homes Sold for the Period | Homes Under Contract | Homes that Expired | Homes that were Withdrawn | Ratio of Homes Entering the Market vs Leaving | Price Changes | Average Days on Market for Solds | List/Sale Price Ratio | Median Sales Price | Inventory Absorption Rate in Months |
April-07 | 69 | 210 | 34 | 48 | 58 | 10 | 0.68 | 25 | 134 | 98% | $105,500.00 | 6.18 |
May-07 | 68 | 221 | 29 | 34 | 30 | 13 | 0.94 | 31 | 106 | 96% | $104,500.00 | 7.62 |
June-07 | 46 | 216 | 22 | 38 | 15 | 11 | 0.96 | 48 | 149 | 97% | $143,000.00 | 9.82 |
July-07 | 60 | 217 | 20 | 41 | 29 | 20 | 0.87 | 65 | 110 | 97% | $ 94,145.00 | 10.85 |
August-07 | 53 | 219 | 25 | 36 | 28 | 4 | 0.93 | 49 | 116 | 97% | $ 79,500.00 | 8.76 |
September-07 | 46 | 202 | 21 | 36 | 34 | 31 | 0.53 | 39 | 100 | 97% | $112,500.00 | 9.62 |
October-07 |
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November-07 |
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December-07 |
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January-08 |
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February-08 |
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March-08 |
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YTD Avg | 57.0 | 214.2 | 25.2 | 38.8 | 32.3 | 14.8 | 0.8 | 42.8 | 119.2 | 97% | $106,524.17 | 8.81 |
Web City is in it's 4th month of a pretty strong Buyer's market. The good news is that we're selling homes faster than new ones are coming into the system but we still have 9 1/2 months of inventory in the system to sell of so is may be a couple of months befor things start looking up.
If I can help you in anwyay with your next real estate endeavor please give me a call. My team and I will do all we can to make sure that it's a pleasant experience. Check out my websites for the latest listings and real estate news.
Walter Hayes, GRI, ABR, RECS, e-PRO
Keller Williams Realty of Southwest Missouri
531 E 15th St
Joplin MO 64804
417-649-67776
http://www.walterhayes.com/; http://thehayesteam.com/; http://www.showme-realestate.com/; http://www.joplinmohomesforsale.com/
Email: walter@walterhayes.com
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