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CREB statistics are on the up and up

Since Jan 1, 2010, here are a few interesting statistics:

  • Inventory has risen from 2513 to 3718 single family rez’s (increase of 48%)—using march 16 as the last date
  • 30 day sales increased from 762/mo to 1183/mo increase of 55%
  • 30 day avg price has increased from 441k to 461k increase of 5% (annualized to 20%)
  • 30 day median price has increased from 398k to 416k—increase of 5%
  • 30 day days on market has decreased from 43 to 35
  • Absorption rate has remained stable at 2.4
  • Busiest section remains the 300k to 400k sf house

*Statistics based on CREB Report

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TODAY'S RATES

and available loan programs
3.69%
5 Year Fixed
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%

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