Last week two properties went under contract in the 32804 zip code, a house listed at $135,000 and a condo listed at $149,900. There were no closed sales.
Mortgage rates rose slightly last week to an average 5.12% on a 30 year mortgage, ending a 5 week rate slide. The week prior, average rates on a 30 year mortgage were 4.96%. They haven't been that low since 1971, when Freddie Mac first started tracking rates.
CLOSED SALES: 1/19/2009 - 1/25/2009
There were no closed sales last week.
OTHER MARKET ACTIVITY: 1/19/2009 - 1/25/2009
New Listings: 12
Pending Sales: 2
Price Reductions: 19
PRESENTLY ON THE MARKET: 1/25/2009
Active Listings: 290
Under 100K: 10
100K - 199,999: 44
200K - 299,999: 102
300K - 399,999: 35
400K - 499,999: 19
500K - 599,999: 18
600K - 699,999: 28
700K - 799,999: 11
800K - 899,999: 4
900K - 999,999: 3
Over $1,000,000: 16
Total Pending Sales: 15
The above numbers come from single family homes and condos listed in the MLS in the 32804 zip code. Please contact me for more specific information, or for statistics on commercial property or vacant land.
Sunday, January 25, 2009
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