Cranberry Country Real Estate Report
Third Quarter Comparison 2007/2008 Sales Report
Current Market View
Sale prices of single family homes in Cranberry Country
are still falling in the 3rd Quarter 2008, but not as steep
when compared between 2nd quarter 2007/2008 & 3rd Quarter
2007/2008 Data:
2nd Quarter 2007/2008 Comparison Difference
- -17.37% Average Sale Price
- -17.01% Media Sale Price
3rd Quarter 2008 2007/2008 Comparison Difference
- -7.65% Average Sale Price
- -11.61% Media Sales Price
Eight of the nine Cranberry County towns saw an Average
Sale Price decline from a low of (-1.75%) Bridgewater, to
a high of (-18.47%) Plympton.
Only one town had an positive number in Average Sales Price:
Rochester (20%). However, Rochester saw a decline of (-12.35%)
in the Median Sales Price. Lakeville was the only town to
have an positive number in the Median Sales Price (2.73%)
Number of Home Sales For All Towns
Number of home sales declined compared to 3rd quarter last
year:
- 2007 3rd Quarter Home Sales - 266
- 2008 3rd Quarter Home Sales - 215
Days On Market
Average days on market decreased:
- 2007 3rd Quarter - 153 Days On Market
- 2008 3rd Quarter - 140 Days On Market
VIEW
THIRD QUARTER AVERAGE/MEDIAN SALES PRICE CHARTS 2007/2008
|
