These are the statistics for the last two weeks in two separate charts. I have been having some problems with my website which I hope will be fixed soon. It has kept me from posting any new information for more than a week.
This first chart is for the week of Jan 6-12.
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Average Price | Median Price | DOM | |
| New | 20 | $209,985 | $219,950 | . |
| Total Active | 641 | $280,688 | $228,000 | 163 |
| Pending | 15 | $217,880 | $224,000 | 109 |
| Closed | 9 | $252,190 | $259,900 | 57 |
The chart below is for the past week of Jan 13-19, 2009
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Average Price | Median Price | DOM | |
| New | 28 | $265,500 | $229,950 | . |
| Total Active | 657 | $279,813 | $229,000 | 163 |
| Pending | 16 | $185,813 | $176,000 | 135 |
| Closed | 9 | $221,122 | $175,000 | 98 |
I note that 4 of the 16 pendings this week are new construction. All the new homes are less than $200,000. They are all small ranches with small two car garages.
The excellent interest rates are spurring buyers to lock on their loans. I am working with one buyer who just locked in for 4.5%. That is an excellent fixed rate for a 30 year loan.
