The numbers are in for the month of June 2010.  Keep in mind that 4/30/10 was the cut-off of ratified contracts to be eligible for tax credit.  Closing date has been extended to 9/30/10, but most were closed by 6/30/10.

BERKELEY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

$ 17,210,570

$ 20,962,103

- 17.90 %

Average Sold Price:

$ 143,421

$ 166,366

- 13.79 %

Median Sold Price:

$ 150,000

$ 160,000

- 6.25 %

Total Units Sold:

120

126

- 4.76 %

Average Days on Market:

79

99

- 20.20 %

Average List Price for Solds:

$ 156,427

$ 181,987

- 14.04 %

Avg Sale Price as a percentage of Avg List Price:

91.69 %

91.42 %

 

128 homes sold this month and we have 1240 listed – meaning at this rate, we have 9.69 months of inventory – slightly up from last month at 9.38

JEFFERSON COUNTY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

$ 10,898,676

$ 14,279,847

- 23.68 %

Average Sold Price:

$ 178,667

$ 242,031

- 26.18 %

Median Sold Price:

$ 180,000

$ 200,000

- 10.00 %

Total Units Sold:

61

59

3.39 %

Average Days on Market:

81

124

- 34.68 %

Average List Price for Solds:

$ 198,302

$ 264,929

- 25.15 %

Avg Sale Price as a percentage of Avg List Price:

90.10 %

91.36 %

 

61 homes sold this month and we have 493 listed – meaning at this rate, we have 8.1 months of inventory – down from last month at 10.8

MORGAN COUNTY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

$ 3,629,800

$ 3,359,000

8.06 %

Average Sold Price:

$ 164,991

$ 176,789

- 6.67 %

Median Sold Price:

$ 155,000

$ 160,000

- 3.13 %

Total Units Sold:

22

19

15.79 %

Average Days on Market:

96

139

- 30.94 %

Average List Price for Solds:

$ 184,863

$ 198,616

- 6.92 %

Avg Sale Price as a percentage of Avg List Price:

89.25 %

89.01 %

 

 

22 homes sold this month and we have 320 listed – meaning at this rate, we have 14.5 months of inventory – down considerably from last month at 22.

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