Friday, February 8, 2008

Haymarket - January 2008 Trend Report

Residential Homes trended DOWN by 18.9% (January Year-to-Year)

Original Price: $511,932
Sales Price: $449,896 (88.0% of Original Price)
Average Days on Market: 168
Number of Homes Sold: 42

Currently Active Listings:
Average List Price: $604,866
Average Days on Market: 261
Total Listed: 302

It is important to know the path the market is currently on. Sellers need to lead the market not follow. Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.

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