We ended the 1st Quarter of 2011 with sales closing at the same pace as 2010. We have included several reports that you can view by clicking on the Link(s).
Absorption Rates illustrate the supply and demand by price bracket. Months Inventory indicates how many months it would take to deplete the inventory if sales continued at the same pace as the prior three months. It also depends on the growth of the inventory too.
6 Months Inventory = Balanced Market More than 6 Months = Buyer's Market Less than 6 Months = Seller's Market
It's a Great Time to Buy
This Report includes Photos of Current Active Listings.... Current List Price, Previous Sold Price and Closed Date.
Current Prices have hit historic lows and are not expected
to remain this low.. Therefore, It's a Great Time to Buy!
