This local real estate information brought to you by John Crowe
Condo/Townhome | ||||||||||||
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | |
Average Active Homes (per week) | 0 | 0 | 0 | 0 | 0 | 1,291 | 1,287 | 1,221 | 0 | 0 | 0 | 0 |
Homes Sold | 110 | 116 | 186 | 178 | 187 | 142 | 96 | 124 | 0 | 0 | 0 | 0 |
Avg. Days on Market for Homes Sold | 90 | 63 | 74 | 75 | 78 | 76 | 78 | 70 | 0 | 0 | 0 | 0 |
Average Sales Price | $154,000 | $156,581 | $204,365 | $187,814 | $199,238 | $206,807 | $226,835 | $219,174 | 0 | 0 | 0 | 0 |
High Price | $469,000 | $630,000 | $1,250,000 | $665,000 | $1,200,000 | $1,450,000 | $830,000 | $1,125,000 | 0 | 0 | 0 | 0 |
Low Price | $32,000 | $28,000 | $19,900 | $31,000 | $31,000 | $35,000 | $16,000 | $23,011 | 0 | 0 | 0 | 0 |
Condo/Townhome Market Summary
August 2010
August sales exceeded July numbers by 30%, though were lower than monthly totals of March through June. The values are there, and buyers are striking when timing is right. The other stats, such as active listings and pending sales, are swinging a bit lower with the late summer slowdown in effect. It remains a great time to find a property for buyers. If you write an offer, get aggressive. Sellers are considering everything. Now, the numbers: 38 closed transactions this period, 1 less than previous week. Pipeline dipped toward s the end of the month, with 202 properties (17% of inventory) pending sale, or under contract. New listings added - 55.
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