Well, not to much to talk about this month. Not a lot of change over the past month. Absoption rates for both single family and condo's remain the same compared to this time last year. Sales of singel family down just slightly as are condo sales. But with the dramatic drop in interest rates, stats should be better next month. To be continued......
MARKET STATUS STATISTICS - AUGUST ‘08
Aug'08 Listings 8,621 Single Family 6.1%
Aug'08 Sales 526 Single Family
Jul '08 Listings 8,643 Single Family 6.1%
Jul '08 Sales 529 Single Family
Aug'08 Listings 7,134 Condo's 4.2%
Aug'08 Sales 306 Condo's
Jul '08 Listings 7,276 Condo's 4.3%
Jul '08 Sales 312 Condo's
Sales Trends - Single Family
Aug'08 Median Price $175,900 -20%
Aug'07 Median Price $219,900
Jul '08 Median Price $180,000 -20%
Jul '07 Median Price $225,000
Sales Trends - Condo's
Aug'08 Median Price $150,800 -3.3%
Aug'07 Median Price $155,900
Jul '08 Median Price $152,000 -13.1%
Jul '07 Median Price $175,000
Absorption Rate
Aug'08 Single Family 16.4 months
Jul '08 Single Family 16.4 months
Aug'08 Condos 23.3 months
Jul '08 Condos 23.3 months
Comments(0)