Active listings: 217 from a Villa ( 1 BR 1 BA) 1050 sq. ft. to $1,090,000 for a Marseille on the golf course ( 2918 sq. ft)
Pending Sales: 21 from a Maui LP. 269,000 to a Marseille on the golf course LP.$1.200.000
The Maui had been on the market for 478 days; the Marseille for 34 days.
Closed Escrows: 11 from a CA Casual @ $250,000 to a Great Rm. Portofino on the Golf course at $875,000
If we drop the highest price escrow, the average price per sq. ft is 196.65 7 sold under $400,000, 3 above $400,000.
During the same period in 2007 there were 21 closed escrows from a CA Casual @289,000 to a Privacy Marseille @ $950,000 and the average price per sq. ft ( not counting the $950,000, was $231.05. If my calculations are correct, that is almost a 9% drop from 2007.
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