Market Stabilizing in January

 

Resale housing sale prices January 08 were getting better.  Average days on the market still rose from 56 to 61 days but the sales were there. 

We are still experiencing a lower than should be Listing to Sales Ratio at 36% (A more balanced market reflects about a 66-67% Ratio)

Timing is good though since we are now approaching the Spring Market.

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