Tri-Cities Housing Stats – March ‘08
Posted on Apr 8, 2008 by Cari McGee in Tri-Cities Market
The trend continues, and snow had nothing to do with it. We’re down in under contracts, down in closed sales and down in a little thing we like to call ‘price’, as compared to last year. We’ve got a little more inventory, too, so again the law of supply and demand comes into play.
The Average Sales Price for March is 97.8% of last year’s A.S.P. However, March ’07 was 102% of 2006′s A.S.P. In the big picture, the 2% is a difference of about $4,000, which over 30 years amounts to about 20 bucks a month. Not a huge deal, but worth keeping in mind if you’re buying OR selling.
March 2008 Tri-City Real Estate Market Statistics (650k PDF)
You might like these posts, too:
- Tri-Cities Housing Stats through May, 2010 This month I’m going to focus on a graph that is frankly, frightening, unless you understand some of the whys...
- 1st Quarter Tri-Cities, WA Housing Mini-Stats These stats are as of 3/12/2010, which I know is a month ago, but they give a pretty good snapshot...
- Tri-Cities Housing Market Stats for February 2009 Wow – check it out…inventory is down significantly than in years past. Closed sales are lower, too, so there’s no...
- Tri-Cities, WA Solds, Under Contracts and Active Listings for March 2007 It’s time for the statitician readers (you know who you are!) to get really excited. First quarter results are in...
Recent Comments