Weekly Scorecard 11-30-09

By George Thurtle

The inventory just seems to stay pegged around the 240 number. This week it was 241 homes. Seven homes sold this week; again a pretty good number, especially for this time of year. There was one short sale in this batch of closings and one new Camwest Home. The average per sq. ft. sales price was $214, under the predominate average of $214. The average home sale price was $542,929; slightly above the usual $500,000 average. However it looks like we have hit the wall reagrding pending sales. This week there was “0″. They had been tapering off lately with last week only seeing three sales. This is most likely due to the time of year. Things really slow done but will need to see how this trend plays out. Pricing appears flat and the market appears to be very price sensitive.

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