Browns Valley Market Report - October

Market statistics for the month of October 2008

Homes SOLD: 19
Avg SOLD price: $326,653 (26% decrease from Sept)
Median SOLD price: $320,000
Avg SOLD days on market: 99 (55% increase from Sept)

Homes PENDING: 15
Avg PENDING price: $332,547
Median PENDING price: $305,000
Avg PENDING days on market: 41

ACTIVE listings: 131
Avg ACTIVE price: $614,310
Median ACTIVE price: $431,900
Avg ACTIVE days on market: 130

Look back here each month for an update on current market statistics. I will highlight trends that indicate what direction the market is moving. With this information I hope you will be able to make an informed decision regarding your own real estate needs and meet personal, family, and financial goals!