Average Sales price decreased to $1.6M from $2.3M
Sales below $1,000,000 increased to 56% from 43%
Discount from last asking price increased to 2.7% from 2.0%
Discount from original asking price increased to 3.5% from 2.4%
Transactions sold at ask or above increased to 47% from 40%
Median number of days on market from last ask price remains steady at 55 days
Active listings on market have decreased to 8,212 from 8,282
**BASED ON CONTRACTS SIGNED - Weeks ending December 21st - Jan 11th 2008
1 comment:
So is the a buyers or sellers market? Feels like its dead center. I want to buy I can afford to buy I am just in a sit tight phase. Any thoughts? Deb
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