April sales of single family homes in April were 962 units, up 35% from 2008. However, 58% of the sales were foreclosed, bank owned, or short sales. 753 of the sales were homes with list prices under $750k and the median price was $421k, down 21% from last year.
For homes with list prices over $750k, 209 units were sold, down 43% from April 2008. The median price was $975k, down 11% from 2008.
The average selling price of homes over $750k was 5% lower than list, and for homes under $750k they were down 2%
Thursday, May 7, 2009
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