Sunday, January 27, 2008

30 Day Home Sale Report

Sales by Realtors for the tri-county area in the past 30 days dropped over 500 homes compared to the previous month to 1496 properties priced to $5,000,000.00.

Existing inventory was up over 2000 homes, and pending sales jumped by 409 properties.

No comeback yet, though buyer activity appears to be increasing as home prices drop and foreclosure's and short sales become more abundant.

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