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Real Estate: Market Summary for Feb 2008

Greetings!

Here are some quick stats in regards to real estate in 98146 for the month of February:

New Listings:

2/2008    30;        YTD 2008   93

2/2007    27;        YTD 2007    77

Closed Sales:

2/2008     20;      YTD 2008   28

2/2007    27;       YTD 2007   53

Average Price:

2/2008    $462,675;    YTD 2008    $433,214

2/2007    $362,770    YTD 2007    $376,698

Median Price:

2/2008    $436,750;   YTD 2008   $400,000

2/2007    $322,500    YTD 2007   $329,000

Days On Market:

2/2008    81;    YTD 2008    80

2/2007    71;    YTD 2007    58

As you can gather from the figures above, we currently have more homes on the market, fewer sales and longer market time than this time last year.  This is probably not news to anyone.

However, the median and average prices are up.  This could be representative of fewer, more expensive homes being sold. 

If anyone would like more information please feel free to contact me directly.  Happy 1st week of April!



Thanks for stopping by my blog!

Comment balloon 2 commentsLisa Bosques • April 01 2008 12:16AM

Comments

Good numbers. Glad to see the median and average prices inching up. Shows your market strength. Thanks for sharing.
Posted by Vickie Nagy, Top Rated Real Estate Agents in Dublin on Xfinity (Vickie Nagy, Broker Associate Realty ONE Group BMC Associates | BRE#01363932) about 9 years ago
Thanks Vickie; looking at these numbers makes me realize that things are not as bad as we've been thinking in this area.
Posted by Lisa Bosques about 9 years ago

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