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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