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12-31-2006, 01:46 PM
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Check out these numbers: Pinellas County Housing Bubble
I'm glad I haven't bought a home yet; it's clearly a falling market.
Housing market has many sellers seeing red Source: Pinellas Realtor Organization - By the numbers: - 4 Percentage of listed homes that sold in November, less than one-third the sales rate of a year ago. - 80 Average number of days homes are on the market, double what it was at the year's start. - 16,000 Number of homes for sale in Pinellas County in last month, compared to 6,000 in October 2005. - $192,000 Median price for a single family home in November, down from the January 2006 price of $210,000. http://www.sptimes.com/2006/12/31/Ne...t_has_ma.shtml |
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