This Year’s Monthly Active Listings and Sales Price in Peoria
Saturday, October 3rd, 2009 | Investment, Real Estate, Statistics, The Economy
This Year’s Monthly Active Listings and Median Sales Price in Peoria Arizona.
Active Listings Median Price
Jan. 1584 $180,000
Feb. 1586 $184,669
March 1580 $165,625
April 1422 $172,750
May 1231 $169,314
June 1119 $170,000
July 1015 $166,000
August 1030 $166,000
Sept. 1018 $165,000
Does it look like in March prices hit bottom and have stabilized? The inventory has been steadily declining by more than 30%. What does it mean? In today’s market, no one knows! Will things change if the tax credit isn’t extended? Are the banks intentionally holding back inventory to stop price decline? One thing that is certain, its not the best time to sell? Well, if you are moving up it might be a great time to acquire your trophy home. If your job is secure. This looks like a good year for gamblers and a very uncomfortable year for the timid.
Thank you Cromford Report.
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