The weekly asking prices continue the downward spiral. The low end seems to be slowing down a bit, only dropping $5k (2.8%) in the last month. The median asking price made a much larger fall. Dropping from $248k all the way to $236K. That's a 5% drop, or 12K in the last month. The high end also lost $12k in the last month.
Trend | 09/28/2008 | 1 month | 3 month | 6 month | 12 month |
Median Price | $235,900 | -5%
| -12.6% | -26.3% | -42.5% |
Inventory | 12,347 | -10.9%
| -9.7% | -12.1% | -18.8% |
Historical Data
Date | Inventory | 25th Percentile | 50th Percentile (Median) | 75th Percentile |
09/28/2008 | 12,347 | $174,900 | $235,900 | $332,900 |
09/21/2008 | 12,368 | $175,000 | $239,900 | $337,655 |
09/14/2008 | 15,443 | $177,900 | $240,000 | $339,000 |
09/07/2008 | 14,569 | $179,900 | $244,900 | $340,000 |
09/01/2008 | 13,852 | $180,000 | $248,000 | $345,000 |
08/29/2008 | 13,590 | $180,000 | $249,000 | $349,000 |