April 2009 MLS Statistics

Some good news statistically. Every month since January the statistics have shown a narrowing of the gap in terms of unit sales year to year. In April, we're almost back to even with last year's numbers. Prices are a little soft, reflected in a statistic of a 2% drop, although many agents feel this number is a little behind and it's actually a little bigger drop than that. Buyers are still feeling that they should get "a deal" and negotiating hard.

As you follow the news, there are lots of indicators that we're past the worst.

Here are the monthly statistics for April, 2009.

	K-W This Month	K-W Last Year	Cambridge This Month	Cambridge Last Year
Avg. Sale Price	$ 255,568	$262,641	$261,630	$266,358
Percentage Change	-2.7%		-1.8%
Properties Sold	632	697	249	254
New Listings/Sales Ratio	59.8%	66.76%	48.9%	48.7%
Properties For Sale Now	2303	1932	1150	N/A