MARKET REPORT

WEEK ENDING NOV 20, 2009

 

 

Current Market Conditions for week ending           Current Market Conditions for week ending

Single family Homes                                          Single family Homes

Nov 20, 2009                                                      Nov 20, 2008

                                                                                Same week last year

 

Closings                                                                          Closings

30                                                                                    22  

 

Average close price                                                       Average close price

183,887                                                                          120,072

 

Pending listings                                                              Pending listings

26                                                                                      38

 

Average Pending List price                                   Average Pending List price

196,475                                                                        170,762

 

 

 

Market Conditions for week ending                Market Conditions for week ending

Including multi-family                             Including multi-family

     Nov 20, 2009                                         Nov 20, 2008

                                                                      Same week last year

 

 

Closings                                                              Closings

45                                                                      32

 

 

Average close price                                            Average close price

144,129                                                               112,249

 

 

Pending listings                                                      Pending listings

32                                                                           59

 

 

Average Pending List price                                        Average Pending List price

173,946                                                                        146,192

 

 

 

This data verifies what many agents are talking about now, finally after a long dry spell for homes in the 200,000 plus price range, these homes are getting some activity bringing the average sell price up dramatically from last year.   We are hoping for a busy holiday sell season!