November 2007 Wrap-up

Currently, there are 975 houses on the market in Murfreesboro. From November 30, 2006 to November 30, 2007, 3791 houses closed for a monthly absorption rate of 315.92 houses. From September 1 to November 30, 2007, 765 houses closed for a monthly absorption rate of 255 houses. Murfreesboro's inventory went from 3.1 months to 3.82 months of inventory. This is the yearly, cyclical slow-down and I expect the market to pick back up in January.