But not all price ranges. The table below compares Dane County home sales (no condos) during the first 6 months of 2007 to the number of home sales during the first 6 months of 2008.
Sales for homes selling for less than $100,000 and for between $125,000 and $149,999 have increased during the first 6 months of the year.
Meanwhile homes selling for between $175,000 and $274,999 have experienced the largest sales decreases, ranging from 28% to 38.2%, depending on the price bucket. So far it's the homes in the bread and butter price categories that are experiencing the largest sales declines from the previous year.
We'll continue to look at the market by price range over the next two weeks. In our next post we'll look at the months of inventory by price range for Dane County single family homes.
No comments:
Post a Comment