So, how’s that market going?

Realtors are pounding their chests about the resurgent market so I thought you might like some actual facts:

We have seen 19 single family residences go to contract so far this month, with just three asking (not necessarily getting) over $5 million. The same period in 2006 saw 46 contracts.

Just so you know.

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3 responses to “So, how’s that market going?

  1. Andrew

    and how many of 19 and 46 are below $1 million?

  2. Andrew

    …and in 2006, properties were selling at multiple of assessed while in 2010 we see most sales for fraction of assessed.