Monday Market Memo…on Tuesday January 1st, 2008
This are the statistics for the last week of 2007. All the numbers are down a little because of the two holidays of Christmas and New Years.
Notice that the total active listings dropped by almost 100 since last week. That is because of the fact that many listings expire Dec 31. Not to worry, we will have a huge influx of listings this month and next to make up for it.
| Average Price | DOM | ||
| New | 12 | $206,588 | . |
| Total Active | 651 | 287,455 | 160 |
| Pending | 15 | $211,773 | 188 |
| Closed | 15 | $209,378 | 58 |
I am working on another post with my predictions for 2008. It should be done by tonight…check back.
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Marty Van Diest, Tele 907.232.7900 / marty[at]valleymarket[dot]com
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