Allen Park

One way to look for market improvement when you are or have been in a declining market is to look at the difference between list price and sales price.  I am looking at private owned sales for the months of July, August and the first 15 days of September.  Here is what I discovered.

July: List Price/Sales Price            August: List Price/Sales Price             September List Price/Sales Price

$100,197/$90,885 +/-  9%            $84,694/$79,688 +/- 6%                      $69,900/$69,600 +/- .5%

There is not any consistency, but let’s keep watching it as we work through the fall and winter.  I’ll redo this at the end of September.  Any questions please comment or call…Thanks!

Posted on Wednesday, September 16th, 2009 at 2:19 pm and is filed under Homes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.