Here’s a look at sales and prices for this October vs past Octobers.
October | # Sold | Avg Sold | Med Sold | Avg$/sf | @$1.0 + |
2010 | 30 | $491,197 | $430,000 | $165 | 1 |
2009 | 50 | $534,928 | $455,438 | $182 | 1 |
2008 | 40 | $691,516 | $572,500 | $207 | 6 |
2007 | 37 | $666,163 | $525,000 | $219 | 5 |
2006 | 55 | $828,199 | $720,000 | $256 | 13 |
2005 | 51 | $610,548 | $525,000 | $224 | 3 |
2004 | 81 | $463,008 | $402,000 | $173 | 3 |
2003 | 79 | $438,591 | $359,500 | $154 | 2 |
Fewer homes sold this October, and they sold for less money, than in every October going back to 2005. And though prices are up vs. October 03 and 04,
sales are way, way down. And how can prices recover when sales are down.
And sales are also down from the 42 homes sold in September, but prices, surprisingly, are up vs September’s > $463,250/$360,500 average/median.
And they’re a mixed bag from August’s prices
August – 51 sold - $509,541/$380,000 average/median
but up from prices in July, June and May, but not April
July – 53 sold - $490,823/$416,000
June – 57 sold - $482,010/$415,000
May – 59 sold - $467,971/$383,000
April – 57 sold - $514,083/$425,000
and again, a mixed bag with March, though look how many homes sold in March,
March – 71 sold - $558,571/$400,000
So who knows where things are headed, I certainly don’t. Do you.
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