What is selling anyway??

One of the questions I am most often asked about the local real estate market is "What is selling anyway?" With the national media reporting a huge slowdown in real estate and with lenders tightening the approval criteria, the perception is that maybe NOTHING is selling. It is very true that some homes are remaining on the market a very long time - but it is also true that homes are selling.
This will be the first of a weekly look at what price brackets ARE moving and which ones are not. If you want more detailed information about what the market activity is like in your neighborhood, just email me or call me!
So - for the month running from 3/25/08 -4/25/08 the number of sales of single family homes looks like this:

Under $200,000 - 22 sales
From $201,000-249,999 - 45 sales
From $250,000-299,999 - 56 sales
From $300,000-349,999 - 16 sales
From $350,000--399,999 - 14 sales
From $400,000-499,999 - 18 sales
Over $500,000 - 14 sales

Next week, I will post an update for what has sold since today by price range and add the info of how many homes are available in each category.