Monday, November 23, 2009
by Jason Harrell & Kevin Lee
MARKET REPORT
WEEK ENDING NOV 20, 2009
Current Market Conditions for week ending Current Market Conditions for week ending
Single family Homes Single family Homes
Nov 20, 2009 Nov 20, 2008
Same week last year
Closings Closings
30 22
Average close price Average close price
183,887 120,072
Pending listings Pending listings
26 38
Average Pending List price Average Pending List price
196,475 170,762
Market Conditions for week ending Market Conditions for week ending
Including multi-family Including multi-family
Nov 20, 2009 Nov 20, 2008
Same week last year
Closings Closings
45 32
Average close price Average close price
144,129 112,249
Pending listings Pending listings
32 59
Average Pending List price Average Pending List price
173,946 146,192
This data verifies what many agents are talking about now, finally after a long dry spell for homes in the 200,000 plus price range, these homes are getting some activity bringing the average sell price up dramatically from last year. We are hoping for a busy holiday sell season!