Statistics for October!

Total sales in October were 7,600 which was comprised of 2,668 normal transactions which represent 35% of the market. Short Sales were 2,211 which represent 29% of the market and REO sales were 2,721 which comprised 36% of the market. In total distressed properties continue to dominate the market with over 65%.
 

Inventory is the opposite with 19,638 listings which is made up of 2,539 REO listings which is only 13% and 3,266 Short Sale listings which is only 17% and 13,835 normal listings which is 70%.

Please call or email us your questions or comments about these numbers. We would love to discuss the trends and what the numbers are telling us!