Monday Market Memo…July 28-Aug 4, 2008
Whoops. I missed this on Monday. So this is the Monday Memo done on Friday. The statistics are for the correct days, however.
We certainly had a surge of new listings. The total inventory increased and pending and closed sales held about steady.
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Average Price | DOM | |
| New | 72 | $241,482 | . |
| Total Active | 924 | $281,694 | 128 |
| Pending | 38 | $208,500 | 94 |
| Closed | 33 | $248,825 | 66 |
It looks like a lot of people have decided to sell before winter. That’s a little surprising to me, they should have put their houses on the market earlier.
There have been some good deals again this week. A log house on Cottonwood Creek sold for $185,000, several brand new houses sold for less than $175,000, and a couple of good lots sold for the mid-$30s price ranges. Let me know if you want to be set up for auto-alerts if a property that meets your criteria hits the market.
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