As you can see the number of condo and condos sale in May 2011 went down 25% and the price also came down 9%. The home and homes market in May 2011 the number of units went 19% and the price went down 8%. That is showing us that the market has slowed that a little bit and he reason are as follow: The bank are nor releasing all the foreclosures at once, that's why the number of units sold in going down. | ||||||||
Single Family Residence | ||
Time Period | Number of Sales | Median Sale Price |
May 2011 | 4,178 | $324,000 |
May 2010 | 5,154 | $350,000 |
Apr 2011 | 4,297 | $333,000 |
Apr 2010 | 4,619 | $335,000 |
2011 YTD | 22,074 | $325,000 |
2010 | 52,172 | $340,000 |
Condominium | ||
Time Period | Number of Sales | Median Sale Price |
May 2011 | 1,312 | $300,750 |
May 2010 | 1,731 | $339,000 |
Apr 2011 | 1,378 | $290,000 |
Apr 2010 | 1,408 | $316,000 |
2011 YTD | 7,293 | $295,000 |
2010 | 17,507 | $320,000 |