Tuesday, October 28, 2008

Monthly Sales Report

Resales reported in the MLS for the past 30 days reflected a decline from the month prior. The decline was not substantial and was 11% higher than last years sales during the same time period.

Inventory remains steady. Approximately 38,000 active listings in the tri-county area.

The biggest change was home prices. 68% of the homes closed sold for under $200,000.

Good news for buyers, but not for the owners.

No comments: