Well,the numbers for August are probably not what anyone was looking forward too. There were 347 new listings down from 477 in 2008. That is a drop of 27.3%! Closed sales for August were 171 down from 199 in 2008 a 14.1% drop. Average days on market went from 104 in August 2008 to 120 in 2009 an increase of 15.5%
The median sales price went from $164,950 in August 2008 to $154,000 in August 2009. Average sales price went from $186,612 to $169,711 a drop of 9.1%
Inventory of homes for sale was 2074 in August of 2008 and 1642 in August of 2009, percent of original list price received at sale was 97.4 % (this figure does not account for seller concessions).
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