Sorry, I have had these figures compiled for awhile, I just have not bothered to post them. While the current numbers shows ’08 trailing ’07 in the number of homes sold year to date by 31%, this is an improvement over my last report in June were this number stood at 34%. As I reported then, I believe this number will continue to decline and hopefully we will end ’08 with a decline of only 25%. ’07 ended with a 11% decline from ’06, so our local real estate market woes continue. Despite these catastrophic numbers, it ain’t all that bad out there, especially in comparison to other areas of the country. Our inventory levels are dropping, our sale prices are remaining stable with only a slight decrease, and our days on market while up are miniscule compared to other areas. Here’s the data thru August.

August YTD 2008 2007
Price Range  # of Sales % of Ttl Sales # of Sales % of Ttl Sales
0 – 99,999 303 4.85% 363 4.01%
100,000 – 199,999 1747 27.97% 2567 28.38%
200,000 – 299,999 2176 34.84% 3064 33.88%
300,000 – 399,999 1003 16.06% 1520 16.81%
400,000 – 499,999 457 7.32% 702 7.76%
500,000 – 599,999 216 3.46% 320 3.54%
600,000 – 699,999 125 2.00% 200 2.21%
700,000 – 799,999 77 1.23% 112 1.24%
800,000 – 899,999 50 0.80% 71 0.79%
900,000 – 999,999 18 0.30% 47 0.52%
1 Million plus 73 1.17% 78 0.86%
Total Sales/Pct. 6245 100.00% 9044 100.00%