The Week for Numbers

July 11, 2011


This week I will be posting the numbers for the closed transactions for the month of June. One half of the year 2011 is now behind us. As always, it will be interesting to see if we are still bouncing along the bottom, double dipping or steadying out.


If you have followed the monthly postings, you may already have formed an opinion as to the character of the present real estate market place. Check your opinion against the numbers posted this week. There will be June closing from 2011-2003; June median prices; over $400,000 sales; and the January through June 2011 closings and medians.


I was sorting through a box of saved papers and I came across a chart I had made in October 2008 of median prices since January 2008. Interestingly, those numbers showed the trending downward that was occurring. Many economists cite September of 2008 as the date of the financial crash. In the numbers that are listed, the median price had dropped $100,000 from where it had been in January 2008 - not all at once but in a 10 month period.


Tune in for the 2011 numbers.