RSS Blog FeedWashington County Real Estate Statistics Oct 2008
Posted at 3:37 PM, Nov. 6, 2008
There is good news and bad news in our local real estate market. The good news is that there are some sales. But the bad news is that there aren’t too many and the prices are lower than they were just this past Summer. In October, there were 190 total sales in the County (including residential, land, lots, commercial and multifamily) and the average sales price was $213,746. In June of this year the average sales price was $290,741.
There are currently about 6319 active listings in the MLS, this includes single family, condo/townhome, lots, land, multifamily, and commercial. With only 190 total sales last month, that leaves us with 33.26 months worth of inventory, up from June with 25.63 months of inventory.
Single family home sales in Washington County have dropped 18% this year to date, compared with the same time period last year.
As can be expected, new home sales have dropped considerably from last year, a whooping 85% overall.
If you would like to know what is going on in your neighborhood, or a statistic that we didn’t address here, please feel free to call us. We would love to chat with you about our market.
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