Sales and Inventory History

Sunday, August 16, 2009
Category - Single Family

Month	Year	Monthly Sales	Avg ListPrice	Avg Sale Price	% Diff Sell/list	Avg DOM	Curr Inventory	Months Inventory
January	2008	266	$124,692	$118,920	95.37%	95.0	3354	12.61
February	2008	341	$122,162	$115,538	94.58%	101.0	3276	9.61
March	2008	352	$122,370	$117,100	95.69%	98.0	3260	9.26
April	2008	367	$113,169	$108,160	95.57%	98.0	3334	9.08
May	2008	377	$122,288	$117,643	96.20%	105.0	3433	9.11
June	2008	403	$136,309	$130,706	95.89%	111.0	3495	8.67
July	2008	416	$131,874	$127,245	96.49%	105.0	3517	8.45
August	2008	402	$136,701	$129,827	94.97%	114.0	3503	8.71
September	2008	379	$119,765	$114,993	96.02%	101.0	3516	9.28
October	2008	371	$124,951	$120,138	96.15%	100.0	3409	9.19
November	2008	243	$125,351	$119,186	95.08%	101.0	3248	13.37
December	2008	322	$117,432	$111,928	95.31%	112.0	3157	9.80
Total	4239	$124,755	$119,282	95.61%	103.4	3,375	9.76
January	2009	197	$116,445	$108,497	93.17%	99.0	2967	15.06
February	2009	246	$122,198	$115,471	94.49%	127.0	2944	11.97
March	2009	306	$120,499	$114,178	94.75%	122.0	2964	9.69
April	2009	331	$127,510	$118,585	93.00%	112.0	2989	9.03
May	2009	377	$131,811	$126,051	95.63%	118.0	3017	8.00
June	2009	417	$125,935	$119,411	94.82%	118.0	3033	7.27
July	2009	387	$126,101	$120,841	95.83%	107.0	3092	7.99
Total	2261	$124,357	$117,576	94.55%	114.7	3,001	9.86
Total	2008-2009	6500	$124,556	$118,429	95.08%	109.0	3,188	10.00

 

We can see from this chart from the Evansville Area Association of Realtors that the months of inventory on the market has been reduced considerably from the beginning of January 2009, where we had 15.06 months of inventory compared to 7.99 months of inventory at the end of July of 2009. Ideally we would like to see 6 months of inventory but 7.99 are not bad at all. Days on the market have increased a little bit. This of course does not pertain to very single home. Some homes sell faster than others.

Call me at 812-499-9234 for any questions or for any assistance with your real estate needs.

www.TheTrentiniTeam.com