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Posts Tagged ‘housing market statistics’

Seems like lately, everyone I talk to asks the same thing, “How’s the market doing?”  Of course, they’re thinking about the market in terms of their own location and home.  So, even though the question can be sliced and diced many ways, I give them a broad overall answer that comes from data like that shown below that I get from our Multiple Listing Service that covers our local multi-county market each month.  The numbers below show results from November 6 to December 5.  This is good for overall market trends, but the answer for each person is dependent on where they live, what is the value of their home, and several other factors.  If you’d like me to answer the “how’s the market doing?” question for you based on the specifics of your property or where you want to buy, let me know.  I can crank that out with a little work on the MLS data system and get you an answer quickly. 

So, overall, how’s the market doing?  Getting a bit better compared to last year as you can see below, given that last year at this time was a pretty tense time!  If you’d like to check out housing stats on your own anytime, you can go HERE at Carolinahome.com and see more numbers and charts than you can shake a stick at.

  • Days- List to Close                November 142.2

Of reported home sales that closed from November 6 through December 5, 2009, 42.5 percent closed in 121 days or more; 15.5 percent closed between 91 and 120 days; 19.3 percent closed between 61 and 90 days; and 22.7 percent closed in 60 days or fewer

November 09 compared to November 08:  List to Close ­ 8.2 days in November 09 over November 08

November 09 compared to October 09: List to Close ­ 1.5 days in November 09 over October 09

(2009: Jan –146; Feb – 145.9; March – 143.9; April – 150.; May 144.5; June – 147.3; July -  145.2; August 145.9; Sept – 142.6; Oct – 140.7; Nov – 142.2)

  • Average sales price                  November 09 – $195,244

November 09 compared to November 08 – avg sales price in November 09 increased 1.1 percent from November of 08

November 09 compared to October 09  – avg sales price in November 09 .5 percent over October of 09

(2009:  Jan – $189,048; February – $182,865; March – $191,433; April – $201,352; May – $199,243; June – $218,728; July – $212,977’ August – $209,245; September – $196,760; $196,204; Oct – $196,204; Nov – $195,244)

  • Residential closings reported   November 09 – 2,000

November 09 compared to November 08 –November 09 closings reported increased 31.5 percent over November  08

November 09 compared to October 09 –  November 09 closings reported decreased 9.5 percent from October 09

2009 total closings YTD 20,585

(2009:  Jan – 1,258; Feb – 1,348; March – 1,671; April – 1,773; May – 1,912; June – 2,024; July 2,223; August – 2,221; Sept – 1,945; Oct – 2,210; Nov – 2,000)

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