MLS Hotsheet Statistics for the last 2 weeks as of 10/13/08, Districts 1-10

New Listings
153 Houses
175 Condos
70 TICs
40 2-4U
 
Went Contingent
64 Houses
56 Condos
15 TICs
11 2-4U
 
Went Pending
80 Houses
70 Condos
18 TICs
16 2-4U
 
Sold
85 Houses
67 Condos
15 TICs
14 2-4U
 
Back on Market
35 Houses
31 Condos
16 TICs
8 2-4U
 
Price Reduction
115 Houses
115 Condos
49 TICs
30 2-4U
 
Expired
27 Houses
43 Condos
9 TICs
9 2-4U
 
Withdrawn
46 Houses
37 Condos
19 TICs
9 2-4U
 

Comparing this last 2 weeks with the 2-week period before: we see no cataclysmic shifts, though some definite slowing in market activity occurred:For houses, new listings were down about 12%; houses going contingent, pending and sold down about 10%; back-on-markets and price reductions up 10 – 15%; expireds stayed about the same, while withdrawns went up dramatically at 77%.For condos, the slowing was a bit more dramatic: new listings down 18% and those going contingent/pending down 27%. Condo solds and price reductions went up a little, back-on-markets went down a little; expireds up almost 100% and withdrawns up about 15%.

This entry was posted on Monday, October 13th, 2008 at 2:44 pm and is filed under Investors, Market Conditions, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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