I know I'm getting this information to you a bit late this month. Sorry! The good news is that I should have November's Stats in a couple of weeks.
I would encourage you to view the graphs with these statistics at My Other Blog.
The Summary for October 2008 looks like this -
- October was a very slow month for real estate in Grand Junction. However after the election business picked up, at least for our office.
- 159 homes sold. Also, we went from average days on the market(DOM) to average months on the market and that was at 4.2 average months.
- In October, inventory was down considerably for homes priced lower than $450,000.
- The average price of the homes sold this month went down slightly by $4,002 to $246,787.
Disclaimer, I get the monthly statistics from my broker and his numbers take into account the expired listings and therefore slightly differ from my weekly statistics
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