| New Listings |
133 |
|
|
| Back on Market |
29 |
|
|
| Price Increases |
45 |
|
|
| Price Reductions |
119 |
|
|
| Pendings |
92 |
|
|
| Solds |
140 |
|
|
| Expireds |
32 |
|
|
| Inactives |
45 |
|
|
Make note of 140 solds! Recall all the action we had late to mid October 09 and recognize the volume of solds-most of which were Friday.
On the note of action this weekend we did see 92 pendings, nearly a 4 week high. This action has been spurred by an increase of lender owned properties over the course of the past 3 weeks. We have seen a number of homes entering our marketplace that are bank owned since our last discussion in late October.
The numbers for the 116 NEW LISTINGS look like this:
Avg: $181,788.00
Median: $149,990.00
These numbers are showing a higher avg then in months past. This could be a direct result of sellers recognizing it’s time to move up with the tax credit incentive. I want to keep a close on these averages and medians in order to evaluate the inventory TYPE.
The weekends Hot Spots- 9 Fairfield/Fairfield Township, 5 in West Chester and Hillsboro ea., Miami Township with 4
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