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July 2008

Mark Mackenzie

 

Reproduction or translation of any part of this information without the written consent of Mark MacKenzie Real Estate Planning is strictly prohibited.

 

***As of the April data we began collecting information about all single family units rather than just single family detached homes.

This may explain some of the variances in month over month changes from March to April.


*** A = Month's Supply of Active Properties

*** P = Month's Supply of Pending Properties


Red means the days to sell the current market supply or inventory of resale homes is expanding.

Green means the days to sell the current market supply or inventory of resale homes is contracting.

Orange means the days to sell the current market supply or inventory changed by less than 10 basis points
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2008 2008 2008 2008 2008 2008


City % Change Jun-Jul % Change Apr-Jul Jul Jun May Apr Mar Feb





A A A A A A



Month/Month 3 Month Change Months Supply of Homes at then
current monthly sales rates


 



Northeast










Baltimore, MD -8.20% -20.28% 10.97 11.95 13.75 13.76 11.08 9.91


Boston, MA -9.20% -21.07% 8.09 8.91 9.53 10.25 9.22 8.37


Manhattan, NY -4.02% -12.08% 5.97 6.22 6.74 6.79 6.55



Philadelphia, PA -3.33% -8.34% 8.13 8.41 9.25 8.87 8.56 7.86


Rochester, NY -12.91% -16.01% 6.14 7.05 7.57 7.31 7.35 5.55


Washington, DC -10.60% -21.51% 6.24 6.98 7.46 7.95 8.07 6.86


























Midwest










Chicago, IL -6.72% -3.00% 13.89 14.89 14.21 14.32 14.48 14.55


Dallas, TX -10.78% -5.28% 7.53 8.44 8.45 7.95 7.48 7.32


Detroit, MI -4.56% -28.41% 11.29 11.83 12.38 15.77 14.45



Houston, TX -11.48% -16.49% 6.94 7.84 8.18 8.31 7.97 8.84


Indianapolis, IN -3.81% -14.83% 9.59 9.97 10.57 11.26 11.37 11.02


Oklahoma City, OK -3.66% -10.48% 6.58 6.83 7.05 7.35 6.96 6.84


























South










Atlanta, GA -9.21% -17.74% 14.98 16.50 17.38 18.21 17.88 17.17


Baton Rouge, LA -2.87% -12.38% 6.44 6.63 7.21 7.35 6.03 5.85


Birmingham, AL -6.26% -10.44% 10.64 11.35 11.78 11.88 11.7 11.25


Charlotte, NC -9.59% -5.54% 8.86 9.80 9.25 9.38 8.52 7.48


Jacksonville, FL -10.17% -17.77% 13.51 15.04 15.7 16.43 16.65 15.33


Miami, FL -7.26% -19.96% 40.61 43.79 46.99 50.74 52.01 57.28


























West










Denver, CO -15.53% -29.74% 5.93 7.02 7.67 8.44 8.67 7.56


Las Vegas, NV -12.84% -37.73% 9.64 11.06 12.66 15.48 17.55 19.96


Los Angeles, CA -9.00% -17.31% 15.57 17.11 18.77 18.83 19.47 19.73


Phoenix, AZ -5.34% -22.63% 14.19 14.99 16.75 18.34 19.1 18.68


San Diego, CA -13.30% -32.71% 6.52 7.52 8.75 9.69 10.02 10.1


Seattle, WA -16.29% 10.98% 5.86 7.00 7.45 5.28 5.86 5.33

 

 

This document can be viewed at www.RealEstatePlanning.biz/PREIM.html in a fuller form.


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