Market Trends March 2009-Sold Vs. List Price %

This graph shows us how slow the market has been since the dramatic decline on the national economy of the last six months.  There has been a 40.3% increase in the average days on market of the properties sold.

 

The Sold/List Price % is a very interesting data set that at times can be very difficult to understand.  I believe that this indicates clearly that buyers simply did not purchase until the sellers price hit the appropriate level.  Then buyers jumped off the fence and purchased.

View Full March 2009 Market Trends Report

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