The Numbers 02/09

By
Real Estate Agent with Keller Williams Group One, Inc.

The Reno/Sparks Area MLS Numbers Feb-09: 

Single Family Active Listings- 3,117 ( 1022 Short Sale, 689 Bank Owned, 1,406 Regular Sales)

In Contract- 884 ( 395 Short Sale, 287 Bank Owned, 191 Regular Sales)

Sold Listings- 261 ( 40 Short Sales, 146 Bank Owned, 75 Regular Sales)

Total Months Inventory- 11 months, 28 days

* Notes: 25% of properties are in contract, 56% of single family sales were bank owned, 55% of listings are Short Sales or Bank Owned, 26% increase in Sales from Jan 09, 37% increase in sales from Feb 08 

 

Comments (1)

Robert Dowding
Keller Williams Realty - Lansing, MI
Realtor ~ Greater Lansing, MI

Short sales and bank owned, sounds like our market go find as many buyers as you can and get them some great deals!

Mar 13, 2009 01:59 PM