Here are the vital statistics and activities for our market over the past week:
- 780 active single family home and condo listings
- 38 new listings this week, including 8 distressed properties
- 58 price reductions
- 14 new escrows, 113 current escrows
- 35 sold properties, with 18 distressed sales and a sale to list price ratio of 88%
With the year ending just a few days ago, we are happy to report an increase in unit volume over last year with 1214 units (single family and condo units) sold vs. 1136 for 2010. We also had the highest unit volume we have seen in the past six years. Unfortunately, that is where the good news ends (unless you are a buyer!) as the total dollar volume has dropped, along with the average sale price and median sales price. These numbers continue their downward slide, click this link – 6 Year Sales Stats for SF and CT to view a spreadsheet that shows the six year stats for single family and condo sales in our MLS.
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Jamie Schou
Direct – 530-798-1393
jschou@kw.com