English Turn: July 2008 Real Estate Absorption Report
July 21, 2008 by Lisa Heindel
Filed under Blog, English Turn, Market Updates
The overall supply of homes in English Turn is down from the 21.5 months observed in mid-May 2008, even though the number of available listings has increased.
- Homes sold per month has risen from 2 to 2.7, indicating an increase in buyer interest in the area
- More English Turn home sellers are pricing under $500,000 which is a smart move given that the demand for homes in that price range is higher than demand for the upper end
English Turn Real Estate Absorption Rates as of 7/21/2008
The odds listed here are an estimate, not a guarantee that your home will sell in this time frame
Data is supplied by Latter & Blum Inc and is deemed reliable, but not guaranteed.
Are you considering selling your English Turn home? Contact Lisa Heindel for an experienced, local West Bank real estate agent who can assist you in preparing and pricing your home for todays market.
Related Reading:
What Is A Real Estate Absorption Rate?
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