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Friday, April 4, 2008

What's Sellin...

March 13- March 28 2008
Average Sales price increased to $2M from $1.3M
Median Sales price increased to $1.3M from $935k
Sales above $3M increased to 22% of transactions from 8%
Sales below $1,000,000 decreased to 41% from 54%
Discount from last asking price increased slightly to 2% from 1.4%
Discount from original asking price increased to 3% from 2.1%
Transactions sold at ask or above increased slightly to 56% from 49%
Median number of days on market from last ask price decreased to 42 days from 47 days
Active listings on market have increased to 8,984 from 8,650

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