New listings
-127 for November 2007 versus 118 for November 2006, 1872 year to date versus 2045 year to date 2006. Overall decrease of 173 houses listed in Plymouth this year versus last.
Closed sales-59 homes closed in November this year versus 72 in November last year. Year to date closed sales finished the month at 775 units this year versus 952 in 2006.
Average sale price increased from $322,475 to $330,090 year over year. This indicates two things. First, there is not as much new construction inventory in Plymouth. Second, it is a stable, healthy area.
Percentage of list price received at closing dropped 1% from 96.1% to 95.1%. This number, combined with the drop off in closed sales indicates that the properties that are moving are priced correctly.
All of the figures, when compared with the rest of the area, continue to show Plymouth real estate as desirable. There are deals to be had here, but the sellers are smart.
For more information on Plymouth real estate, Hennepin County real estate or Minnesota real estate...
Tim Ross * Re/MAX Associates Plus * 612-598-9295 * tim@rosshometeam.com *
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