Monthly Quarterly Yearly Property Analysis

Trends At a Glance Dec 2008 Previous Month Year-over Year
Median Price $513,950 $515,000 (-0.2%) $799,000 (-35.7%)
Average Price $659,085 $636,232 (+3.6%) $990,717 (-33.5%)
No. of Sales 676 633 (+6.8%) 513 (+31.8%)
Pending Properties 677 771 -12.2%) 480 (+41.0%)
Active 3824 4554 (-16.0%) 4537 (-15.7%)
Sale vs. List Price 98.9% 98.8% (0.0%) 98.2% (+0.6%)
Days on Market 58 60 (-2.5%) 54 (+7.5%)

Prices and Sales [Enlarge Graph]
Days of Inventory [Enlarge Graph]
Sales Year-to-Date [Enlarge Graph]
Sale Price/List Price Ratio [Enlarge Graph]
Market Barometer [Enlarge Graph]

Market Overview

Home Sales Up in Dec 2008
Sales increased 6.8% from the month before, and were up 31.8% year-over-year.

Prices slipped in Dec 2008 with the median price dipping 0.2% from the previous month, down 35.7% compared to last year. The average price rose 3.6%, a yearly loss of 33.5%.

Inventory fell 15.5% from last month, and was down 10.3% year-over-year.

 
  



These statistics are generated using information from the MLSListings Inc. MLS, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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