Weekly Residential Market Statistic Update For Week of Feb 2nd to Feb 9th 2012
New Listings: 381 (416, 380, 399 ,401) Sold: 138 (117, 115, 93, 75) Sale to List Ratio: 36% (28%, 30%, 23%, 19%) Expired/Cancelled/Withdrawn: 67 (155, 70, 94, 257) Active Single Family Home: 2264 (2236, 2207, 2170, 2145) Average Single Family Home List Price: $282,190 ($294,792, $330,294, $269,320, $262,474) Average Single Family Home Selling Price: $277,215 ($286,626, $317,534, $263,098, $257,284) Average Days on Market Single Family Home: 87 (86, 109, 115, 119) Active Condos: 251 (255, 256, 248, 258) Average Condo Listing Price: $243,658 ($229,126, $201,605, $256,583, $243,900) Average Condo Selling Price: $236,829 ($223,726, $198,507, $248,749, $232,785) Average Days on Market Condos: 143 (135, 104, 157, 114) The market keeps its positive progression going this week with healthy gains in some key statistics. New listing additions remain strong this week but not contributing a whole lot to the overall inventory. The sold properties are making a steady increase in numbers pushing the sales to list ratio the highest its been this year. Days on market remains low and consistant for this time of year which keeps my thoughts on a healthy, booming spring market! Be sure to check back frequently for news updates and further stat reports as well I will be making an announcement withen the next few days! Follow me on Twitter to stay up to date with all things real estate and Friend me on FaceBook to follow my real estate adventures. Feel free to leave a public comment/question below or contact me for any personal inquiries. Comments are closed.
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Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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