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Margaret Rodgers

November 2008 Residential Home Sales Report

Home Sales Report Beginning 11/01/2008, Ending 11/30/2008

Single-Family Unit Sales by Price
BedroomsOther Statistics
Price2-34+Condos SoldResidential ActiveCondos Active
Totals903831365013,6121,948
Average Price (in thousands $)85.9155.8244.5622.7261.6212.1
Median Price (in thousands $)87.0138.9224.5144.0189.9184.9
Sum Price (in thousands $)7,727.459,674.333,258.631,133.13,561,108.1413,132.2
$0 - $19,99910210390
$20,000 - $29,99971000990
$30,000 - $39,99989101462
$40,000 - $49,99945201934
$50,000 - $59,999810002603
$60,000 - $69,9990151029314
$70,000 - $79,9995193242927
$80,000 - $89,9998222444270
$90,000 - $99,9999155243354
$100,000 - $119,999124489901166
$120,000 - $139,999246961,136203
$140,000 - $159,9995341051,055216
$160,000 - $179,9993341071,014185
$180,000 - $199,99963253941184
$200,000 - $249,9993432631,605294
$250,000 - $299,9990141771,330245
$300,000 - $399,9990211911,400165
$400,000 - $499,9990610068877
$500,000 or Over02711,20839
Single-Family Unit Sales By Days On Market
Time On MarketUnits
Units Sold659
Average Market Time103 Days
1 - 30 Days139
31 - 60 Days115
61 - 90 Days109
91 - 120 Days85
121 - 180 Days114
181+ Days94
Single-Family Unit Sales By Financing
TypeUnits
Total659
Assumable2
Cash125
Conventional328
FHA125
Other44
Owner6
VA29

New Listings Report

Listings Taken By List Price
List PriceResidentialCondo
Totals1,780205
Average Price (in thousands $)224.4197.1
Total Price (in thousands $)399,390.440,398.8
$0 - $19,99970
$20,000 - $29,999240
$30,000 - $39,999200
$40,000 - $49,999360
$50,000 - $59,999450
$60,000 - $69,999423
$70,000 - $79,999786
$80,000 - $89,9997413
$90,000 - $99,999568
$100,000 - $119,99915115
$120,000 - $139,99914825
$140,000 - $159,99915725
$160,000 - $179,99914117
$180,000 - $199,99911021
$200,000 - $249,99919737
$250,000 - $299,9991609
$300,000 - $399,99914515
$400,000 - $499,999766
$500,000 or Over1135

 

As reported an average amount of time to sell a properly marketed  and correctly priced home is 103 days.  If you are thinking of listing your home for sale keep this in mind , Price and condititon do matter in this market if your home is lacking in updates or needs to be cleaned you can add another 3-5 months  even if the price reflects the condititon many buyers do not want to do anything to the home they will purchase they do expect it to be done by the seller.

Top condition gets TOP $$$$$

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