Jackson Township - Market Update - $200,000 - $399,999

Jackson Township - MARKET UPDATE

$200,000 - $399,999 - From Dec 2009 to May 2010

Jackson Township remains a good market to buy and sell real estate. Here are some facts about this particular market:

1. The average active listing price in this particular price range ranges from $279,000 to $357,000 in the past 6 months
2. The average sold price has been between $240,000 and $291,000
3. The percentage between what the home actually sold for vs the list price ranged from 92% to 97%
4. The average days on the market of the sold homes varied from 7 to 115 days on the market
5. There is currently a 5 months "housing supply" or "absorption rate". I have read different statistics but I often hear that a 5 to 6 months housing supply is a "healthy market".

If you have a home in Jackson Township and have considered selling, now is the time to contact a Real Estate Professional!

(Based on data from TrendGraphics. Based on data available at the end of May 2010. Data supplied by WPML.)