This is a summary of August's Real Estate Market Statistics, for more detailed statistics check out the graphs.
The Summary for August 2008 looks like this -
- 233 homes sold, and the average days on the market(DOM) was 125. There were no sales above $750,000 and that lowered the average days on the market this month.
- In August, inventory was slightly down and so were the sales.
- The average price of homes sold this month went down to $244,599.
Disclaimer, I get the montly statistics from my broker and his numbers take into account the expired listings and therefore slightly differ from my weekly statistics
You can see the graphs at http://www.grandjunctionrealestateblog.com/ .
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