The number of active listings are up 1.6% over last year.
The number of new listings are down this week 12.50% (compared to 2/24/09 - 3/1/09).
Pendings are down this week 24.32%.
Sold residential units are down 26.32% compared to the same week last year.
The Week in Review
Units for Sale:
Feb. 24 - Feb. 28, 2009
(compared to the same week in 2008)
New listings down this week 12.50%
Pendings are down 24.32%
Solds down 26.32%
As for Average Prices:
Feb. 24 - Feb. 28, 2009
Sold average sales prices increased 7.79% to $252,043. In 2008 it was $233,826 for the same week.
Check out the 2004-2008 Average Sales Price by MLS Area
The Month In Review
February 2009
Units for Sale: (compared to February 2008)
New listings were down 22.35%.
Pendings were down 22.14%.
Solds decreased by 28.64%.
As for Average Prices:
The "New Listings" average list price is up 4.30% to 328,804. In February 2008 the average list price was $315,238.
Sold average sales prices increased 5.16% to $245,430. For February 2008 it was $233,390.
That we had 10,474 active listings during the same week in 2008? Today there is 10,642 active listings! That is 1.60% increase from last year.
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