August 2009 Real Estate Statistics

Eric Bramlett
September 29, 2009

So I’m WAY late posting these, and the numbers were fairly close to what I expected.  Median price is down by 4%, while average price is down by almost 5%.  Sold volume was down just over 10%, but inventory is being absorbed, as active listings are down by almost 8%.

aug-09

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Robert Worthington
September 30, 2009

Eric, I’ve been commenting on your blogs are a while now, and one of the things I picked up is your monthly analysis of absorption rates and everything else. I need to start doing exactly that. Thanks Eric.

Mark
September 30, 2009

Eric, thanks for the data and all the info you provide. You do a great job of keeping us informed on the market. Thanks!

Milly
October 2, 2009

I work for a few local estate agents across the pond in blighty and noticed things have been picking up quite rapidly, those agents that weathered the storm are now doing fantastic and picking up all the work from the bust agents

Chino Hills Homes
October 16, 2009

Looks like inventrory of 8% is still high, how long before it’s around 6% or 5%. Do you see this happening by late 2010 or sooner?

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