Market Update - Carroll County: July 2007 VS July 2006
Carroll County: July 2007 VS July 2006
These numbers show there is a large supply of homes on the market and it is getting bigger every month.
If you would like a more detailed valuation of your home, contact us today.
- Sales prices rose from a year ago by 4.20% from an average of $354,877 to $369,771.
- Sellers are being negotiated 5.18% off of their original list price versus 3.83% one year ago and homes are staying on the market longer.
- In 2006 the average home was on the market for 54 days. In July of 2007 the average home is on the market for 101 days. That’s an 87.04% increase.
- 323 new listings came to the market and 167 where put under contract.
These numbers show there is a large supply of homes on the market and it is getting bigger every month.
If you would like a more detailed valuation of your home, contact us today.
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