August 2009 MLS Statistics

It certainly has been an interesting year. Positive economic news continues and our housing market appears to be consistent again. Here is the article which appears in today's Record .

People comment to me about the monthly price fluctuations and this month may indicate alarm to some of those people. Please remember that these numbers are only for a month and are not a true reflection on prices. The "appearance" of a drop in prices indicates to me that more entry level homes have been selling. I feel the prices are fairly stable.

Here are the monthly statistics for August, 2009.

	K-W This Month	K-W Last Year	Cambridge This Month	Cambridge Last Year
Avg. Sale Price	$ 253,325	$265,309	$257,350	$267,925
Percentage Change	-4.5%		-3.9%
Properties Sold	594	471	240	204
New Listings/Sales Ratio	78.6%	60.9%	63.0%	51.0%
Properties For Sale Now	1898	2039	965	N/A