January 2009 Market Stats Are Here
Team Byerly's Market Update!
Well the numbers for January are in and here's how the first month of 2009 turned out:
942 homes sold in January with the best price range being $50,000 and below - 146 homes closed in this range! This means that many bank-owned homes in this price range are flying off the shelves! Investors are gobbling them up! For a list of homes in this range, contact us! These make great rentals or rehabs to flip!
The second best price range that sold in January 2009 was $200,000-$249,900 - 96 homes sold in this range with an average days on market of 127.
We ended the month with an average sale price of $160,530 with all closed sellers getting 92.57% of their asking price on average and over 18 months of inventory on the market. The overall average days on market ended up being 104...not bad for today's market!
For a copy of the full report of January's MLS stats, contact us and we'll send it out immediately...or go to www.teambyerly.com to download the report!