The month of November closed with 876 sales, down 24% from the prior year and down 13% from October.
Average home sale prices were up 4% from November 2009 to $129,266!
Year-to-date. sales are down 7% from the same time in 2009 and average sales prices are up 1%.
Bank sales were down 35% from the prior year with only 221 recorded for the month. Year-to-date, bank sales are down 17% from the same time last year!
New home sales were down 39% from November 2009 with only 57 new sales recorded for the month, but that is up 10% from just the month before. Average new home sale prices for November were $235,083, up 3% from the prior year.
Due to the September foreclosure moratorium, November foreclosures were down by 36% with only 265 recorded.
Sort all of this out and see if you see any direction towards recovery. Let me know if you see some positives.
Friday, December 03, 2010
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