Robert Astore

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Q4 2008 Newsletter

Cranberry Country Real Estate Report

Year End/Fourth Quarter Comparison 2007/2008 Sales Report


4th Quarter Market View

Not surprising that sale prices of single family homes in Cranberry Country are still falling in the 4th Quarter 2008.


Seven of the nine Cranberry County towns saw an Average Sale Price decline from a low of (-.98%) Halifax, to a high of (-19.34%) Lakeville.

Two towns had an positive number in Average Sales Price: Rochester (23.67%), and Plympton (5.83%). However, Rochester saw a decline of (-14.63% ) in the Median Sales Price. Plympton was the only town to have an positive number in the Median Sales Price (1.45%)


Number of Home Sales For All Towns

Number of home sales declined compared to 4th quarter last year:

  • 2007 4th Quarter Home Sales - 190
  • 2008 4th Quarter Home Sales - 224

Days On Market

Average days on market decreased:

  • 2007 4th Quarter - 173 Days On Market
  • 2008 4th Quarter - 149 Days On Market

 

VIEW YEAR END AVERAGE/MEDIAN SALES PRICE CHARTS 2007/2008

 
Local Housing Sales Data | Cranberry Country Newsletter

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