The numbers are in for the month of May 2010. Keep in mind that 4/30/10 was the cut-off of ratified contracts to be eligible for tax credit. They have until 6/30/10 to close - so May/June numbers should be excellent!
BERKELEY:
|
|
2010
|
2009
|
% Change
|
|
Total Sold Dollar Volume:
|
19,148,095
|
17,196,795
|
11.35 %
|
|
Average Sold Price:
|
$ 149,594
|
$ 168,596
|
- 11.27 %
|
|
Median Sold Price:
|
$ 143,900
|
$ 164,500
|
- 12.52 %
|
|
Total Units Sold:
|
128
|
102
|
25.49 %
|
|
Average Days on Market:
|
129
|
108
|
19.44 %
|
|
Average List Price for Solds:
|
$ 166,450
|
$ 188,754
|
- 11.82 %
|
|
Avg Sale Price as a percentage of Avg List Price:
|
89.87 %
|
89.32 %
|
|
128 homes sold this month and we have 1194 listed – meaning at this rate, we have 9.38 months of inventory - down from last month at 11.13.
JEFFERSON COUNTY:
|
|
2010
|
2009
|
% Change
|
|
Total Sold Dollar Volume:
|
$8,228,742
|
$8,039,942
|
2.35 %
|
|
Average Sold Price:
|
$ 182,861
|
$ 167,499
|
9.17 %
|
|
Median Sold Price:
|
$ 179,000
|
$ 159,500
|
12.23 %
|
|
Total Units Sold:
|
45
|
48
|
- 6.25 %
|
|
Average Days on Market:
|
85
|
76
|
11.84 %
|
|
Average List Price for Solds:
|
$ 198,761
|
$ 184,967
|
7.46 %
|
|
Avg Sale Price as a percentage of Avg List Price:
|
92.00 %
|
90.56 %
|
|
45 homes sold this month and we have 486 listed – meaning at this rate, we have 10.8 months of inventory – up a little from last month at 10.08
MORGAN COUNTY:
|
|
2010
|
2009
|
% Change
|
|
Total Sold Dollar Volume:
|
$1,886,600
|
$2,507,600
|
- 24.76 %
|
|
Average Sold Price:
|
$ 134,757
|
$ 147,506
|
- 8.64 %
|
|
Median Sold Price:
|
$ 130,700
|
$ 142,500
|
- 8.28 %
|
|
Total Units Sold:
|
14
|
17
|
- 17.65 %
|
|
Average Days on Market:
|
112
|
100
|
12.00 %
|
|
Average List Price for Solds:
|
$ 145,383
|
$ 170,776
|
- 14.87 %
|
|
Avg Sale Price as a percentage of Avg List Price:
|
92.69 %
|
86.37 %
|
|
14 homes sold this month and we have 308 listed – meaning at this rate, we have 22 months of inventory - up from last month at 15.15.
Predictions still stand strong that the wave of foreclosures and short sales will continue...making it a GREAT time to buy! Interest rates have come down even further to help boost the housing market.
If you, your family, or friends are considering buying a home - I'd be honored to help! Contact me anytime at 304-261-8517.
Sincerely,
Andrea Burke