Realty Market Update
Subscribers
Log In
J. Smith - Main Street Realty
Your Town - Single Family

James,

I hope you enjoy this informative report on market conditions and will think of me when you are considering a real estate transaction.

Jane

Sales

Sales this month are 16, the same as last month. Sales/list price ratio in March moved up to 95.12% from 87.82% in February.


Prices

Median price in March was $752,500. This is up 2.6% from $733,250 in March of 2007. Average sale price (most recent 3 months) is $966,592, up significantly from $805,105 in 2007.


Inventory

Inventory is 290, up marginally from 282 in 2007. New listings of 85 in March were way up from 58 in February and up moderately from 78 in March of 2007.


Market Time

Market time of 117 in March was up marginally from 114 in February and way up from 86 in March of 2007. Months of supply in March moved up to 10.91 from 10.26 in February.


All contents copyright © 2009 by Realty Market Update, LLC  
Processing