Wednesday, January 14, 2009

December Market Trends

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Tuesday, January 13, 2009

W29 Market Statistics


December, 2008 vs. December, 2007
The number of active listings in W29 increased in December, 2008 over the same month in 2007. There are 119.12% more listings on the market this month over December, 2007. There were also 40% more homes listed in December, 2008 vs. December, 2007. The number of homes sold decreased by 15 homes, or 46.88%. Continue to prepare your sellers for a longer stay on the market; the average days on market increased from 47 to 56. Average sale prices were up by 1.20%.

Year to Date, 2008 vs. Year to Date, 2007
The number of homes listed in W29, year-to-date has increased from 915 in 2007 to 1,028 in 2008, which is an increase of 12.35%. The number of homes sold decreased by 21.69%. Average sale prices are up 3.16% year over year.

X15 Market Statistics


X10 Market Statistics


Friday, December 5, 2008

November Market Trends

Click on the graph for a larger view.








Thursday, December 4, 2008

W29 Market Statistics

November, 2008 vs. November, 2007
The number of active listings in W29 has increased again November, 2008 over the same month in 2007. There are 101.02% more listings on the market this month over November, 2007. There were also 12.24% more homes listed in November, 2008 vs. November, 2007. The number of homes sold decreased by 21 homes, or 46.67%. Continue to prepare your sellers for a longer stay on the market; the average days on market increased from 53 to 33. Average sale prices are down by 13.58%.

Year to Date, 2008 vs. Year to Date, 2007
The number of homes listed in W29, year-to-date has increased from 896 in 2007 to 1,001 in 2008, which is an increase of 11.72%. The number of homes sold decreased by 20.47%. Average sale prices are up 3.12% year over year. Keep in mind, however, that the average sale price in September, October and November is lower than the average price year to date, as prices started out higher, but are continuing to level off.



X15 Market Statistics