The Percentages in the chart above refer to the percentage of total sales for the month. Example: in August 2009 homes priced under $399,999 represent 93 % of the total sales in August 2009 (7,076 total sales).
The chart below illustrates what price ranges are moving based on days inventory by price range…this is from the Cromford Report: As of 9/04/09, there are 11,154 Single Family Homes PENDING!!! And a total of 12,539 total properties Pending in the MLS!
Location Characteristics: The Sol Group has gotten incredible feedback about this monthly market snapshot, we will continue to post this on a monthly basis. We are now including the REO sales and short sales and their percentages of total sales. We will also leave the past months from 2009 so you can see the trend for the year. I am including the REO sales and short sales and their percentages of total sales. I will also leave the past months from 2009 in the e-mail so you can see the trend for the year. Please remember that I do this to earn your business and ask that you remember me when it counts…..when you are writing contracts and talking to your buyer's about a title company that you would recommend.
The Number of Sales are still slowing however notice the increase in the number of short sales…which have been trending up since January of this year in correlation to the trending down of REO sales.
The total number of Home Sales in August of 2009 in the Single Family Detached category in FlexMLS as compared to August of 2008 and all of the previous months in 2009:
