Friday, October 05, 2007

Where are we today?

The average days-on-market for sold homes in Firelight over the past two months is 41 and the average price per finished square foot of those homes is $150.24 on a total of 15 homes sold in that time period.

To compare that to the same two month time period in 2006, there were 18 homes sold with an average days-on-market of 55 days and at an average price per finished square foot of $148.57.

Looking at the total year-to-date comparisons, at this point in 2006 the average days-on-market was 62 days with 86 homes sold. In 2007 the average days-on-market is 67 days with 78 homes sold and average appreciation for those 78 homes is just 1.7 percent whereas the total average appreciation for all of 2006 was 4 percent.

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