By comparing sales over the last year with active condo listings, one can get an idea of how long to expect a particular unit to take to sell. It is increasingly important for Sellers to sharpen their offering by making it the most desireable unit within a particular price band.
| Price Range | Active Listings | Sold Listings 2/22/2007 - 2/21/2008 | Months of Inventory | ||||
|---|---|---|---|---|---|---|---|
| # Listings | % Total | DOM | # Listings | % Total | DOM | ||
| $37,500 - $49,999 | 1 | 1.41% | 53 | 0 | 0.00% | 0 | no sales |
| $50,000 - $99,999 | 2 | 2.82% | 23 | 2 | 1.14% | 38 | 12.0 |
| $100,000 - $149,999 | 3 | 4.23% | 124 | 6 | 3.41% | 51 | 6.0 |
| $150,000 - $199,999 | 14 | 19.72% | 72 | 27 | 15.34% | 93 | 6.2 |
| $200,000 - $249,999 | 19 | 26.76% | 95 | 68 | 38.64% | 96 | 3.4 |
| $250,000 - $299,999 | 13 | 18.31% | 97 | 25 | 14.20% | 110 | 6.2 |
| $300,000 - $349,999 | 11 | 15.49% | 66 | 39 | 22.16% | 158 | 3.4 |
| $350,000 - $399,999 | 5 | 7.04% | 214 | 7 | 3.98% | 61 | 8.6 |
| $400,000 - $449,999 | 2 | 2.82% | 50 | 1 | 0.57% | 12 | 24.0 |
| $500,000 - $599,999 | 1 | 1.41% | 263 | 1 | 0.57% | 5 | 12.0 |
| 71 | 100% | 95 | 176 | 100% | 107 | 4. | |
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