MARKET NEWS BULLETIN - May 14, 2007

The Week in Review: May 6 – May 12, 2007 (compared to the same week in 2006)

• New listings up 39.86%.
• Pendings down less than 1%
• Solds up 1.52%.

As for Average Prices: May 6 – May 12, 2007 (compared to the same week in 2006)

• "New Listings" average list price is up 16.88% to $304,747.
• Sold average sales price increased 27.77% to $262,782.
• In 2006 it was $205,663 during the same week.

The Month in Review: April 2007

• New listings were down by 23.05%.
• Solds increased by 17.34%.

As for Average Prices:

• "New Listings" average list price is up 18.61% to 332,105.
• Sold average sales prices increased 5.87% to $243,425 compared to $229,921 in 2006.

Did You Know...?

That we had 9,002 active listings during the same week in 2006? Today there are 9,527 active listings! A 5.83% increase.