December 2009 Statistics Analysis
In spite of the holiday season, December was a good month for market activity. We saw the best overall unit sales rate since 2005. The spurt of closings was spurred on by condo sales. Single family unit sales and 586 were the same as last month, and they were up 9.3% over December 2008. The number of listings on the market continued the slide, down 25.2% from a year ago. At year end there were 5,928 listings on the market. In March 2007, listings at their peak stood at 11,226. Median price was $140,000, in the range it has been for most of 2009. Condo unit sales reached 413, making this December the best December in this segment since 2005. Unit sales were up a whopping 47.5% over the previous year, and listings were down 38%. Median price, at $$124,900 was down 10.8% from December 2008.