October 24, 2007
Richmond Real Estate Sales YTD 2007
I have had these numbers done for about a week and just realized I had not posted them. My apologies. I sometimes get distracted! As I have stated before, my major concern is in the declining number of sales while our inventory levels escalate. If any home buyers are paying attention, there are some unbelievable bargains to be found.
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2007
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2006
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2005
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Units
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Price
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Units
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Price
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Units
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Price
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January
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837
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259,955
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800
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249,142
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938
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208,158
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February
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993
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262,629
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889
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234,127
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869
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212,460
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March
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1,369
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264,682
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1,350
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269,140
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1,359
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219,894
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April
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1,284
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277,711
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1,315
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268,161
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1,385
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221,493
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May
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1,470
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281,685
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1,598
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258,141
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1,547
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229,830
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June
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1,582
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296,568
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1,887
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278,409
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1,707
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265,503
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July
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1,436
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292,755
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1,598
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276,970
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1,712
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256,370
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August
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1,398
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298,800
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1,595
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283,636
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1,712
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255,672
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September
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1,014
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262,198
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1,254
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264,147
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1,476
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240,701
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YTD/Avg Px
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11,383
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277,443
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12,286
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264,653
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12,705
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234,453
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I promise to be more punctual in November.