Ford’s Colony Home Sales Statistics June 08- June 09

0

Status

# Listings

     

List Price

Sold Price

Sale/List Price Est. Fin. SqFt List Price Per Est. Fin. SqFt Sold Price Per Est. Fin. SqFt Days On Market

Active

155

Low
Avg
High

279,000
679,250
2,375,000

0.00
0.00
0.00

1,466
3,532
9,200

91.03
193.42
299.01

4
212
939

Pending

9

Low
Avg
High

419,900
540,167
689,000

0.00
0.00
0.00

2,127
3,066
4,239

130.90
183.31
276.92

3
171
358

Closed

72

Low
Avg
High

286,500
536,081
958,000

269,000
508,847
950,000

0.94
0.95
0.99

1,360
3,210
5,125

118.01
169.08
226.58

118.01
160.34
214.40

1
177
643

Overall

236

Low
Avg
High

279,000
630,267
2,375,000

 
 
 

 
 
 

1,360
3,416
9,200

91.03
185.61
299.01

 
 
 

1
200
939

 
Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current – 3 Months
Total # of Comparable Sales (Settled) 34 16 22
Absorption Rate (Total Sales/Months) 5.67 5.33 7.33
Total # of Active Listings 114 135 184
Months of Housing Supply (Total Listings / Absorbition. Rate) 20.11 25.33 25.1
Median Sale & list Price, Dom, Sale/List % Prior 7-12 Months Prior 4-6 Months Current – 3 Months
Median Comparable Sale Price 490,000 465,200 484,950
Median Comparable Sales DOM 133 160 155
Median Comparable List Price 541,950 565,900 569,950
Median Comparable Listings DOM 278.5 191 143
Median Sale Price as % of List Price 96 % 93 % 97 %

Includes attached and detached homes

Statistics are from the WAAR/ Williamsburg Areas Association of Realtors WMLS
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