Monthly Quarterly Yearly Property Analysis

Trends At a Glance Aug 2008 Previous Month Year-over Year
Median Price $654,000 $716,500 (-8.7%) $850,000 (-23.1%)
Average Price $849,650 $887,483 (-4.3%) $1,072,580 (-20.8%)
No. of Sales 897 894 (+0.3%) 831 (+7.9%)
Active 4893 5297 (-7.6%) 5096 (-4.0%)
Sale vs. List Price 98.3% 98.6% (-0.4%) 99.9% (-1.7%)
Days on Market 50 49 (+3.0%) 42 (+20.5%)

Prices and Sales [Enlarge Graph]
Days of Inventory [Enlarge Graph]
Sales Year-to-Date [Enlarge Graph]
Sale Price/List Price Ratio [Enlarge Graph]
Market Barometer [Enlarge Graph]

Market Overview

Home Sales Up in Aug 2008
Sales increased 0.3% from the month before, and were up 7.9% year-over-year.

Prices slipped in Aug 2008 with the median price dipping 8.7% from the previous month, down 23.1% compared to last year. The average price fell 4.3%, a yearly loss of 20.8%.

Inventory fell 10.6% from last month, and was up 5.4% year-over-year.

 
  



These statistics are generated using information from the MLSListings Inc. MLS, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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