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Febuary 2009 Market Update for Oak Creek

By
Real Estate Agent with First Weber Group/short sale/cdpe/gri

The sold activity in Febuary was only 5.9% less than activity in 2008 and there was only 40 new listings that is 21.6 % less that the same time in 2008.

The 16 properties that sold in 2009 had a average sold price of $193,318 and a list to sales ratio of 96.48%. The properties sold in an average of 112 days. Currently there are 14 pended transactions that may close in March.

 

The current inventory in Oak Creek of active listings is 313 with an average list price of $269,855 and have been on the market 213 days.

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