Market update at glance

12/31/2007

 

Year

Percentage Increase or -Decrease

 

 

 

 

 

 

2006

2007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential Closed Sales Units

 

 

2746

2578

 

-6%

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential Pending Sales Units

 

 

299

191

 

-36%

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential Active Property Units For Sale

 

867

880

 

1%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average sales price all types of properties

 

$ 173,496

$190,713

 

10%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average sales price Single family Home Billings

$ 192,041

$201,457

 

5%

 

 

 

 

 

 

 

 

 

 

 

 

 

Median sales price Single family Home Billings

$ 169,900

$179,900

 

6%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Days on Market Till Offer Received

 

 

 

 

 

 

 

Single Family Home Billings

 

 

52

55

 

6%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Number of Rentals Advertised Sundays

135

90

 

-33%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Asking Price for a Rental Home

 

$ 792

$ 851

 

7%

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Asking Price for a Rental Apartment

 

$ 577

$ 639

 

11%