-Total Sales for April 2009 was 142 single family homes with an average of 132 days on the market.

-Total Sales for April 2008 was 166 single family homes with an average of 115 days on the market.

-Total Foreclosure Sales April 2009 was 42 single family homes with an average of 95 days on the market.

-Total Foreclosure Sales April 2008 was 56 single family homes with an average of 83 days on the market.

-Average Sales Price April 2009 was $234,455
-Average Sales Price March 2008 was $286,965

The April average sales price is up over March but total sales were down a tad. There were less closed REO properties as a result of the government “holding back” of foreclosures for the first quarter of the year. As the pent up foreclosures hit the market we will probably see a return to 30+ percent of sales being foreclosure properties and prices pushing downward. As long as interest rates remain below 5% along with historically low sales prices, it is a great time to buy. Call me to discuss your particular situation. 530-510-9988.