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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: nextrade! who wrote (5521)	9/22/2002 8:55:16 AM
From: nextrade!	Read Replies (1) \| Respond to of 306849

Over the apex sales down, inventory up Today's Market Conditions Report realtytimes.com Jackson Hole, WY As we enter the fall buying season, overall sales volume is down approximately 10% for the year as compared to 2001 numbers. Single family home sales continue to be slow, but the median sales price appears to be similar to last year. Vacant land inventory is up significantly, however the number of transactions in almost the same as last year. The increase in inventory has allowed well-informed shoppers to uncover good values. Raleigh, NC. Durham and Orange counties. Currently, there are 22% more listings on the market than last year at this time and sales are just barely keeping up. The "buyer's market" continues strong especially for condos, townhomes and detached homes in the upper price points (over $350,000). In most areas of the Triangle, there is as much as a year's supply of condo and townhomes on the market; the situation is just as bleak for sellers of detached homes priced over $300,000. realtytimes.com