hostgator promos hostgator coupon EastOfKeystone & Beyond : The Headlines Are Nice BUT....

Tuesday, September 17, 2013

The Headlines Are Nice BUT....

You'd think by just listening to the evening news that the housing market was still steaming along full speed as it was back in May and June. Keep in mid major media is reporting history. Here's today's reality compared to August of 2012:  46033 homes sold in the month of August 2012 = 48. 46033 homes sold in August of 2013 = 40. Average sales price in August for both years was $304,000+-.  Both year's sales reflected a value of $108 per square foot.  The big difference in the August market for 2012 and 2013 was days on the market.  In 2012 it was 83 days to contract contrasted with 47 in 2013. Bottom line...fewer homes sold THIS YEAR in August of 2013 with a similar average sales price. With rates rising....the 4th quarter of 2012 looks to be SLOWER than 4th Q 2012. 
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2 comments:

Jasper Indiana home for sale said...

Nice blog. Carry on .
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