Updated October 20, 2008
Well, the local real estate market is in full swing. Homes and businesses are selling, despite the latest news on Wall Street. Last week was busier than the week before, and so on. This shows that real estate is moving, selling, and appreciating. The numbers speak for themselves.
Single Family - 1,293
Condo/Town Home - 527
Mobile Home - 230
Multi-Family - 3
Lots/Land - 276
Farms - 7
Commercial - 52
A total of 2,388 real estate transactions have closed thus far for 2008. The average list price through September 30 is $375,182, and the average sales price is $348,963. Homes are selling at about 93% of list price, and are averaging 193 days on the market.
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