English Turn: June 2008 Home Sales and Real Estate Market Report

English Turn Homes for Sale as of 7/2/2008

 

  • 46 active listings, priced from $419,000 to $1,595,000
  • 4 pending listings (offer accepted but still showing) priced from $429,000 to $485,000
  • 1 open predication listing priced at $585,000
  • 3 under contract listings priced from $428,900 to $649,000
  • Based on June 2008 sales, there is a 9.2 month supply of homes for sale in English Turn, still above the 5-6 month supply of a balanced real estate market but significantly lower than the almost 2 year supply projected last month.

 

English Turn Home Sales – July 2007 through June 2008

 

English Turn number sold

 

 

 

English Turn Average Home Sales Price – July 2007 through June 2008

English Turn avg sale

  • The average English Turn home sale price for June 2008 was $742,500, up from $611,000 in May.  This increase is almost completely related to a $1.2 million home sale in June.  The pending and under contract listings continue to show that the highest level of buyer interest remains in the under $500,000 price range.
  • The average days on market for English Turn homes sold in June 2008 was 213 days.

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