June sales (summer is heating up the real estate market)
July 6, 2008 at 8:55 am , by Jenel Looney
The numbers for June look very promising. Almost every indicator I checked for MLS areas GTE and GTW took an upturn: number of sales, total value of sales, average sales price, and median home price. The only indicator heading in a southerly direction is the number of days on market. So in June, more homes sold faster and for a better price (on average) than earlier in the year.
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This past month, we saw a 61% increase in the total value of residential sales from February, the low point in 2008. The average sales price for the year to date is just over $220,000.
Category Georgetown Real Estate / Tags: /
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