I just looked at some every interesting statistics comparing sale bewteen February 2007 and February 2008.
The upshot is homes are staying on the market longer but are still holding their prices fairly well. Take a look for yourself:
MARIN COUNTY SALE COMPARISON
SOLD PROPERTIES - FEB. 2007 VERSUS 2008
FEBURARY 2007
TOTAL PROPERTIES SOLD: 185
AVERAGE: List Price: $1,154,785 SalesPrice: $1,119,652 Days on Market: 84
MEDIAN: List Price: $ 869,000 Sales Price: $ 850,000 Days on Market: 57
HIGH: List Price: $9,980,000 Sales Price: $9,000,000 Days on Market: 471
LOW: List Price: $ 200,000 Sales Price: $ 180,000 Days on Market: 0
ADJ. AVG: List Price: $1,111,777 Sales Price: $1,081,725 Days on Market: 102
FEBRUARY 2008
Total properties sold: 121
AVERAGE: List Price: $1,231,724 Sales Price: $1,169,327 Days on Market: 100
MEDIAN: List Price: $ 810,000 Sales Price: $ 824,000 Days on Market: 91
HIGH: List Price: $10,000,000 Sales Price: $8,500,000 Days on Market: 401
LOW: List Price: $ 175,000 Sales Price: $ 138,000 Days on Market: 0
ADJ. AVG: List Price: $1,166,921 Sales Price: $1,116,391 Days on Market: 102
SEE WHAT I MEAN?!
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