|
Percent of Sales Price Change: (from March 2007 to March 2008)
| Single Family |
-9.07% |
| Condo |
-5.43% |
| Average |
-7.79% |
| Total Combined Number of Homes for Sale |
Mar. 2008 - 25.516 |
| |
Feb. 2008 - 25.037 |
| |
Mar. 2007 - 26,430 |
| |
|
Percent of Change in Available Inventory: (Mar. 2007 vs Mar. 2008) |
-3.46% |
| |
|
| Number of Combined Homes Sold this Month |
Mar. 2008 - 3,708 |
| vs. the previous month |
Feb. 2008 - 3,001 |
| vs. the same month last year: |
Mar. 2007 - 4,274 |
| |
|
| Average days on Market - Mar. 2008 vs Mar. 2007 |
Mar. 2008 - 110.84 |
| (combined sales) |
Feb. 2008 - 113.64 |
| |
Mar. 2007 - 119.14 |
| |
|
| Absorption Rate: |
Mar. 2008 - 29.81 weeks |
| (number of weeks necessary to sell current |
Feb. 2008 - 36.15 weeks |
| combined inventory at current rate of sales) |
Mar. 2007 - 26.80 weeks |
|
|
| Median Sold Price: Single Family |
Mar. 2008 - $224,900 |
| |
Feb. 2008 - $221,486 |
| |
Mar. 2007 - $240,000 |
| Condo |
Mar. 2008- 132,000 |
| |
Feb. 2008 -$133,750 |
| |
Mar. 2007 - $153,000 |
|