Aumsville 3rd quarter 2008 real estate market condition report
Here is where our local markets currently stand. The real estate market data information has been gathered from the local WVMLS. Here is what is occurring in the city of Aumsville…
Average Sales price:
Aumsville has always been one of the more affordable cities in the metro area. As a result, their prices have tended to hold steady. The 3rd quarter 2008 is almost even with last year.
Aumsville has always been one of the more affordable cities in the metro area. As a result, their prices have tended to hold steady. The 3rd quarter 2008 is almost even with last year.
30 day Absorption Rate/Inventory:
Aumsville has a current absorption rate of 2. This places the current Aumsville inventory at 16 months.
Home Sales Closed:
There was a 59% drop in the volume of homes sold since the 2007 3rd quarter. Aumsville’s inventories had been holding closer to a neutral market. The failure to sell enough homes in the summer and now the fall quarter caused the inventories to rise.
There was a 59% drop in the volume of homes sold since the 2007 3rd quarter. Aumsville’s inventories had been holding closer to a neutral market. The failure to sell enough homes in the summer and now the fall quarter caused the inventories to rise.
(c) Copyright, 2008. Melina Tomson, All Rights Reserved (ie…be nice and create your own content. Don’t steal mine…)
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