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Thursday, December 6, 2007

November $ale$

Average sales price decreased to $1.7M from $2.4M
Median sales price decreased to $900K from $1.4M

Discount from Last Asking Price decreased to 1.5% from 6%
Discount from Original Asking Price decreased to 4% from 9%

Sales below $1,000,000 increased to 54% from 34%

Transactions sold at ask or above held steady at 50%

Total Days on Market to Contract Signed Average 142 Days

Active listings on market have decreased to 8,544 from 9,069

OWNERSHIP:
Cooperatives 47% Condominiums 52%

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