Tuesday, January 06 2009
In our continued quest to keep our customers better informed about current market conditions, we have decided to publish a monthly news letter with pertinent facts concerning our industry. We will simply call this letter Market Watch.
Welcome to 2009, the year of Real Estate Recovery.
If you have been following the national media you might believe that the world of real estate has ended forever.
Many of the real estate markets hardest hit in
Lets review some FACTUAL information about the market that matters most to you; The Tri-State.
Other relevant facts for our market for 2008 were:
1) Days on market 103 (December 114)
3) Average sale price 119,219.
4) Months of inventory currently listed 10.4(Dec.)
(Number of listings ÷ number of closed home sales during the same month.)
We will try to keep you updated monthly with some relevant information and facts about our market and we promise we will have some good news in next months report.
In the meantime please call me at 812-499-9234 for all of your real estate needs.