Those of us in real estate could really feel these numbers below as we closed up the year. 2009 was a different year than 2008. I am hoping for a “normal” market as we head into 2010. To look at the year end numbers very simply, if 2007 (332 sold) was very high in regards to number of sales and 2008 (187 sold) was very low, 2009 (212 sold) looks like it was the happy medium. Where the price per square foot is heading is the question everyone is asking. I am predicting stabilization, but I will analyze that topic further in an upcoming post.
|Median Sales Price||$602,000||$427,000||$502,000|
|Avg. Days on Market||232||210||265|
|Price per sq. ft.||$234||$211||$213|
|Median Sales Price||$680,000||$589,000||$546,000|
|Avg. Days on Market||98||108||139|
|Price per sq. ft.||$303||$284||$239|