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 Average Home Sales Price - July 2007 through June 2008

• 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.

For a detailed market analysis of your English Turn home, contact Lisa Heindel, your West Bank real estate specialist.

Related Reading:

English Turn- June 2008 Real Estate Absorption Rates

English Turn - Monthly Real Estate Market Reports

Make Your Home the Star of the Neighborhood - Stage It!

Here’s the disclaimer part:  The opinions expressed here are strictly those of the author, but you are free to share yours in the comments.  All information is deemed reliable but not guaranteed.

Copyright 2008.  Lisa Heindel, All rights reserved.