The stock market is fighting to regain itself .. the next presidential candidate will hopefully be chosen in less than 24 hours .. and the real estate market is slowly rebounding. We have had a good amount of new closed transactions in the past week -- the numbers speak for themselves.
Single Family - 1,362 (compared to 1,319 on 10/27)
Condo / Town Home - 540 (compared to 533 on 10/27)
Mobile - 241 (compared to 235 on 10/27)
Multi-Family - 4 (compared to 3 on 10/27)
Lots / Land - 289 (compared to 284 on 10/27)
Farms - 7 (compared to 7 on 10/27)
Commercial - 54 (compared to 53 on 10/27)
A total of 2,497 real estate transactions closed for 2008 thus far. As of September, 2008, the median list price is $375,182, with an average sales price of $348,963, and homes selling for 93% of list price and averaging 193 days on the market.
Of course, with the coming winter months, we will see it slow down before it kicks off again in the Spring. Let's hope for a much better 2009!
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