85258 Real Estate Statistics for February

< ![CDATA[This months stats are looking good.  We have a nice increase in the number of pending homes.  These reflect the sales that took place in February and are waiting to close.  Notice the dip in the number of closed homes in January, those are the homes that sold during the holiday season in December.  We should see an even better number next month, with 72 pending contracts ‘in the hopper’.

The average price of a single family home that closed last month is $590,000
The average price of a town home/patio home was skewed a bit with a $1.5 million sale, so eliminating that from the average it was $473,000
and the average apartment style was $155,00.  It will be interesting to see that number adjust with the increase in pendings (17) from the category.

  26-Nov-07 2-Jan-08 1-Feb-08 3-Mar-08
Total Active Listings 568 523 578 556
Single Family Homes 264 246 277 279
Patio/Town/Gemini Homes 168 153 157 150
Apartment style Homes 136 124 144 127
         
Total Pending Listings 51 36 57 72
Single Family Homes 21 19 36 33
Patio/Town/Gemini Homes 17 11 17 22
Apartment style Homes 13 6 4 17
  Nov Dec Jan Feb
Total Sold  36 38 29 42
Single Family Homes 14 17 14 21
Patio/Town/Gemini Homes 10 11 11 17
Apartment style Homes 12 10 4 4

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