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Summer Grove Market Watch 2008 Year in review

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Below is the SG Mkt Watch. Due to the subd getting close to being built out, the year posted unit sales down 45.1%. Ten of the eleven homes sold in Dec were resales. Of the 157 homes sold for the year, 103 were resales or 65.6% of the total. Per MLS there are only 47 new homes remaining.

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2005

18

21

33

27

33

35

47

30

28

32

26

31

361

2

0.6%

2006

21

21

47

23

28

46

30

39

24

37

21

29

366

5

1.4%

2007

10

23

27

35

38

33

30

29

15

18

19

9

286

- 80

- 21.9%

2008

12

13

15

13

16

14

21

15

11

13

3

11

157

- 129

- 45.1%

Posted Wednesday Jan 14