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May 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
 
2008 2008 2008 2008 2008
Your Market Direction May Apr Mar Feb Jan
Town
A / P A / P A / P A / P A / P







Northeast





Baltimore, MD
13.75 / 2.37 13.76 / 2.48 11.08 / 1.95 9.91 / 1.82
Boston, MA
9.53 / 3.61 10.25 / 4.54 9.22 / 2.56 8.37 / 1.95 6.23 / 1.17
Manhattan, NY
6.74 / NA 6.79 / NA 6.55 / NA

Philadelphia, PA
9.25 / 2.06 8.87 / 2.00 8.56 / 1.77 7.86 / 1.27
Rochester, NY
7.57 / 4.03 7.31 / 3.69 7.35 / 3.49 5.55 / 2.38 4.80 / 1.77
Washington, DC
7.46 / 2.31 7.95 / 2.40 8.07 / 2.07 6.86 / 2.07 5.80 / 0.67














Midwest





Chicago, IL
14.21 / 3.97 14.32 / 4.06 14.48 / 2.67 14.55 / 2.24 14.62 / 1.75
Dallas, TX
8.45 / 2.02 7.95 / 1.88 7.48 / 2.04 7.32 / 1.47
Detroit, MI
12.38 / 2.98 15.77 / 3.60 14.45 / 2.62

Houston, TX
8.18 / 1.23 8.31 / 1.02 7.97 / 0.94 8.84 / 0.93 7.33 / 0.76
Indianapolis, IN
10.57 / 2.05 11.26 / 2.14 11.37 / 2.04 11.02 / 1.83
Oklahoma City, OK
7.05 / 2.28 7.35 / 2.37 6.96 / 2.17 6.84 / 2.08 6.16 / 1.84














South





Atlanta, GA
17.38 / 2.23 18.21 / 2.31 17.88 / 2.26 17.17 / 2.15 15.40 / 1.61
Baton Rouge, LA
7.21 / 1.94 7.35 / 1.89 6.03 / 1.67 5.85 / 1.82 5.86 / 1.45
Birmingham, AL
11.78 / 1.17 11.88 / 1.29 11.70 / 1.12 11.25 / 1.15
Charlotte, NC
9.25 / 2.52 9.38 / 2.51 8.52 / 2.07 7.48 / 1.48 5.94 / 1.04
Jacksonville, FL
15.70 / 2.26 16.43 / 2.02 16.65 / 1.74 15.33 / 1.75 14.03 / 1.41
Miami, FL
46.99 / 3.61 50.74 / 3.28 52.01 / 4.22 57.28 / 3.88 54.53 / 3.24














West





Denver, CO
7.67 / 2.70 8.44 / 2.75 8.67 / 2.53 7.56 / 2.20 7.05 / 1.70
Las Vegas, NV
12.66 / 4.08 15.48 / 4.25 17.55 / 3.76 19.96 / 3.34 19.92 / 2.32
Los Angeles, CA
18.77 / 2.86 18.83 / 2.99 19.47 / 1.83 19.73 / 1.78 18.25 / 1.03
Phoenix, AZ
16.75 / 2.23 18.34 / 2.21 19.1 / 2.16 18.68 / 1.74 16.3 / 1.25
San Diego, CA
8.75 / 3.23 9.69 / 3.22 10.02 / 2.82 10.10 / 2.42 8.73 / 1.31
Seattle, WA
7.45 / 1.13 5.28 / 0.99 5.86 / 1.27 5.33 / 1.22 4.14 / 1.22

 

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




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