Tuesday, August 11, 2009

July 2009 Residential Market Report

This report consists of residential home sales reported to MLS in all areas of Acadiana.

In comparison with June 2009, July 2009 has seen a decrease of 3.61% of new homes on the market. Comparing Jan-July 2009 to Jan-July 2008, there has been a decrease of 10.74%.

The dollar volume of July 2009’s closed sales increased 12.79% in comparison to June 2009 but decreased 12.68% overall comparing Jan-July 2009 to Jan-July 2008.

The following is comparing Jan-July 2009 to Jan-June 2008”
Average Sales Price increased .71%
Median Sales Price increased 2.56%
List to Sold Price Ratio increased 2.65%
Compared to June 2009, the number of sales for July 2009 increased by 13.88% but decreased 13.30% overall comparing Jan-July 2009 to Jan-July 2008.

There is a 12 day increase on the average days on the market for Jan-July 2009 in comparison with Jan-July 2008.

For a complete report or questions, please email Kisha@KishaKana.com

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