October 2009 Market Stats
Finally, a bit of good news from the market in October. Total number of homes sold was up along with the dollar volume but the median price fell again which is indicative of higher priced homes continuing to struggle to sell. With the extension of the tax credit and expansion to cover other buyers, we'll see what effect that has in the coming months.
| | 2009 | 2008 |
|---|
| Total Sold Dollar Volume: | $ 20,945,041 | $ 16,707,355 | 25.36 % |
| Average Sold Price: | $ 177,500 | $ 168,761 | 5.18 % |
| Median Sold Price: | $ 159,950 | $ 164,900 | - 3.00 % |
| Total Units Sold: | 118 | 99 | 19.19 % |
| Average Days on Market: | 133 | 136 | - 2.21 % |
| Average List Price for Solds: | $ 197,713 | $ 184,452 | 7.19 % |
| Avg Sale Price as a percentage of Avg List Price: | 89.78 % | 91.49 % |