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Wenham MA Single Family Months of Inventory March 2008

By
Real Estate Agent with Kristal Pooler & Associates. Coast & Country Properties Inc.

The amount of competing inventory affects a property's price.

If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.

The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant

 

Price RangeActive ListingsSold Listings
3/19/2007 - 3/18/2008
Months of Inventory
# Listings% TotalDOM# Listings% TotalDOM
$259,900 - $299,99900.00%049.52%990.0
$300,000 - $349,99900.00%012.38%1610.0
$350,000 - $399,999310.71%3224.76%4618.0
$400,000 - $449,99927.14%104614.29%1094.0
$450,000 - $499,999414.29%107614.29%1078.0
$500,000 - $599,999725.00%12349.52%8621.0
$600,000 - $699,99913.57%549.52%2233.0
$700,000 - $799,999310.71%14612.38%13036.0
$800,000 - $899,99927.14%164511.90%744.8
$900,000 - $999,99900.00%049.52%210.0
$1,000,000 - $1,499,99927.14%8737.14%2938.0
$1,500,000 - $1,999,99913.57%4824.76%736.0
$2,000,000 - $2,499,99927.14%36600.00%0no sales
$4,000,000 - $4,499,99913.57%15300.00%0no sales
 28100%12442100%1148.0

Query Time = 0.03 seconds

J Manno
Summit Realty Group, Inc. - Newport Beach, CA

 

 

Thanks for the stats...Our market in Denver is in a similiar stalemate...

Mar 23, 2008 07:44 AM