New Listings – 204
Number of Active Listings – 3055
Absorption Rate – 32 weeks
Type of Market –Buyers market
The number of new listings were up compared to last week. With only 381 sales last month(Aug 25-Sept 25) the market has shifted to a strong buyers market.
The weekly sales were down significantly compared to the same week in 2009 and 2010. The number of sales last week totaled 75
Average price was was up significantly compared to 2009 and 2010. The average price last week was 284K.
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