Weekly Scorecard 8-17-09
Well the inventory keeps inching up we are now at a total of 289 homes up 10 from from our dip two weeks ago at 279. The numbers of homes sold was a healthy 9 for the week but the prices were down a little to an average sq. ft. price of $210 per sq. ft. well under the $220 per sq. ft. range things have been stuck at for months. The average home price was under $500,000 again at $461,611. There appeared to be no bank owned homes or short sales.
There were four pendings this week. One was a waterfront lot so of the three the average per sq. ft. price was $201. One home was bank owned in pretty bad shape at $164 at sq. ft. which skewed the averages. It looks like the trend is sticky prices and gradually decreasing volumes.