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New Sales Results

A week or so ago I posted these results based on 4 bedrooms, 2 baths, between 1800-2200 sq ft from a particular area:

2005 results

Average List Price:   $191,953              Average Sell Price: $191,181

Median List Price:    $185,000              Median Sell Price:   $185,000

Average Sell Price/List Price Ratio: 99.59% (Houses sold for 99.59% of the asking price)

Average days on market: 95

2006 results

Average List Price: $210,960               Average Sell Price: $207,238

Median List Price:  $219,700               Median Sell Price:  $216,950

Average Sell Price/List Price Ratio: 98.23%

Average days on market: 146

This is from 1/1/2007 to 3/1/2007

Average List Price: $217,016                 Average Sell Price: $210,441

Median List Price:  $220,900                 Median Sell Price:  $216,825

 

These houses sold for 96.97% of asking price

Average days on market: 76

 

Except for the days on the market falling, all the numbers seem to be approximately the same as the 2006 numbers. Just a slight decrease in median sell price. 

Published Thursday, March 1, 2007 3:24 PM by Mike Farmer

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