From 6/1/08 to 629/08 there have been 12 pending sales-from a Lanai @$225,000 to a Portofino on a privacy lot. The average days on the market was 223.
During the same period there were 12 homes that closed escrow-from $205,000 for a Villa to $550,00 for an expanded Victoria. The average days on the market was 172 and the average per square ft was $202.00
For the same period in 2006 there 21 properties that closed escrow. The average days on the market was 99 and the average price per square ft. was $261.00. Does this something about the change in our market?
Saturday, June 28, 2008
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