Mendon market statistics 2007 vs 2008
|
Single family activity |
Sold volume |
Avg sold price |
Median sold price |
Days on mkt
|
|
2008 |
37 |
403,000 |
405,000 |
211 |
|
2007 |
43 |
472,000 |
470,000 |
157 |
|
Trend |
Dn 14% |
Dn 15% |
Dn 15% |
Up 34% |
The number of homes sold was down dramatically and the average sales price was down 15%. The median sales price also down 15% and avg. days on market up 34%. The drop in avg. median price shows the market activity in Mendon is in the lower price ranges.
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