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The week in review:

July 1- July 7, 2007

(compared to the same week in 2006)

New listings up 41.28%.

Pendings down 2.29%

Solds down 2.05%.

 

As for Average Prices: July 1- July 7, 2007

(compared to the same week in 2006)

The "New Listings" average list price increased 7.21% to $292,656. 

 

Sold average sales price increased 9.03% to $279,657.

In 2006 it was $256,502 for the same week.

Last month in review:

June 2007

New listings were down by 15.63%.

Solds decreased by 3.27%.

 

As for Average Prices:

The "New Listings" average list price is up 16.82% to 325,115.

Sold average sales prices increased 6.64% to $254,211 compared to $238,378 in 2006.

Did you know that we had 9,187 active listings during the same week in 2006?  Today there are 10,340active listings!  That is a 12.55% increase from 2006.

 

So how does this affect your listing?  Check out our "Months of Inventory" chart on our website to get the details for your MLS area and price range.  The report is available in two formats, just in case you need to print it out for your listing presentation.  Click here for an MLS Area Inventory Report

Stats provided by Alamo Title Co.