Antioch’s real estate market took a bit of a nosedive recently, and May’s showing was none too good. Last year two hundred units sold in May, versus 115 this year, a 42.5% decrease. At the same time, the expired to sold ratio has risen to 36.5%, while the available inventory has increased to 7.7 months. Days on market have doubled from last May’s 17 to an average of 34 this year.
Paradoxically, the average home that did sell in Anticoch in May went for slightly more than list price, listing for $523,472 and selling for $525,930. The median sale price was
$510,000.

This is Lucky Post 13 in our Hunger Blogathon.

This entry was posted on Monday, June 19th, 2006 at 5:08 pm and is filed under Market Updates, Blogathon for Hunger, Antioch. You can leave a comment, or trackback from your own site.

Antioch’s real estate market took a bit of a nosedive recently, and May’s showing was none too good. Last year two hundred units sold in May, versus 115 this year, a 42.5% decrease. At the same time, the expired to sold ratio has risen to 36.5%, while the available inventory has increased to 7.7 months. Days on market have doubled from last May’s 17 to an average of 34 this year.
Paradoxically, the average home that did sell in Anticoch in May went for slightly more than list price, listing for $523,472 and selling for $525,930. The median sale price was
$510,000.

This is Lucky Post 13 in our Hunger Blogathon.

This entry was posted on Monday, June 19th, 2006 at 5:08 pm and is filed under Market Updates, Blogathon for Hunger, Antioch. You can leave a comment, or trackback from your own site.