People did sell their homes last year, it did actually happen! 418 listings closed during 2007. Averages were: $306,096 sale price, 151 days on the market. There are 466 home listings available today, with 32 under contract with buyers.
For townhomes and condos in ’07, 184 sold and closed. 136 days on market was average, sale price averaged $179,176. There are 199 listings on the market to choose from as we start 2008. Interestingly though, 44 are under contract. That is the highest number under contract vs. what is available of all the towns we watch. Hopefully that helps the market improve. It is definately a bright spot.
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