May 14, 2009
Month to Month Home Sales Comparisons ’09, ’08, & ’07
After posting the 1st Quarter results for ’09, ’08, and ’07, I thought I’d make the three year comparison a regular post for both month to month and also year to date. After all, I have the data despite the fact it can be depressing. So here goes:
|
April |
|
2009 |
|
|
|
2008 |
|
|
|
2007 |
|
|
|
Price Range |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
0 – 99,999 |
|
71 |
|
12.20% |
|
48 |
|
5.71% |
|
60 |
|
5.42% |
|
100,000 – 199,999 |
|
203 |
|
34.90% |
|
243 |
|
28.89% |
|
340 |
|
30.71% |
|
200,000 – 299,999 |
|
176 |
|
30.20% |
|
304 |
|
36.15% |
|
362 |
|
32.70% |
|
300,000 – 399,999 |
|
58 |
|
9.90% |
|
115 |
|
13.67% |
|
169 |
|
15.27% |
|
400,000 – 499,999 |
|
30 |
|
5.20% |
|
60 |
|
7.13% |
|
87 |
|
7.86% |
|
500,000 – 599,999 |
|
23 |
|
3.90% |
|
28 |
|
3.33% |
|
35 |
|
3.16% |
|
600,000 – 699,999 |
|
7 |
|
1.20% |
|
19 |
|
2.26% |
|
22 |
|
1.99% |
|
700,000 – 799,999 |
|
8 |
|
1.30% |
|
12 |
|
1.43% |
|
11 |
|
0.99% |
|
800,000 – 899,999 |
|
2 |
|
0.34% |
|
5 |
|
0.59% |
|
7 |
|
0.63% |
|
900,000 – 999,999 |
|
1 |
|
0.17% |
|
3 |
|
0.36% |
|
4 |
|
0.36% |
|
1 Million plus |
|
3 |
|
0.51% |
|
4 |
|
0.48% |
|
10 |
|
0.90% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sales/Pct. |
|
582 |
|
100.00% |
|
841 |
|
100.00% |
|
1107 |
|
100.00% |
Some of the good news in April was the increased activity above the $400,000 price range. This trend appears to be continuing in May, since we are seeing a greater number of “pending” sales at the higher price points. And yes, the difference between April ’07 and April ’09 is 47 % fewer sales. Tomorrow I’ll post the year to date numbers for the last 3 years.