July 2008 Quick Stats - Arbor Heights Home Sales

Ah, Arbor Heights, my old stomping grounds. A lovely area that's been rediscovered in the past few years. Lately it's been spiffed up by new street signs and even a new sidewalk alongside the only elementary school, Arbor Heights Elementary. It's a quiet place that's so convenient to everything, yet off the beaten path. What's not to like about it?

Here are some stats taken from the Multiple Listing Service for the month of July for homes tagged with the neighborhood, "Arbor Heights". The only activity this month was in homes; no condos, no vacant land, multifamily or commercial.

Homes:

Listings taken: 4

Listings that expired: 1 / Average DOM(days on market): 182

Listings that went pending: 6 / Average DOM: 38

Listings sold: 4 / Average DOM: 46

The homes that were just listed this month range in price from $369,000 to $479950. Again, this only includes Arbor Heights, not the Arroyos or Ocean View. Pending listings range in price from $249,950 to $399,000, with the average being $334,317. The sold homes ranged in price from $210,000 to $425,000.

By the way, I have a listing in Arbor Heights that I would love to see in the "Pending" or "Sold" stats for next month! It's a 3 bedroom, 2.25 bath home with a low maintenance yard, located a block away from the school. Web address is www.1023537thplsw.epropertysites.com, and it's priced at a reasonable $354,950.

Cheers!