Friday, January 3, 2014

Homes For Sale Market Comparison Report

Prospective Home Buyers should examine various fundamental indicators for a town they intend to buy in. This article deals with some used key indicators for Antioch homes for sale in Annapolis.

Summary of Key Points

Homes for sale in Annapolis marketplace have taken a major strike from last year.

Median Product sales Price (+4.91%), Median Times on Market (-39.95%), and Variety of Units Offered (-51.63%)

Big Image: Out of 20 towns analyzed in the East Bay, Antioch experienced the largest decrease in the number of models sold.

Antioch CA Homes for Sale

The town of Antioch experienced a 4.91% rise in median sales selling price from last year climbing from $205,565 (Dec. 08) To $215,660 (Dec. 09). This modest increase in median sales selling price might initially glance look like good news for Antioch nevertheless, when compared alongside median days on market and the number of units exchanged, we realize that it is not so simple. Median time on the market for a property in the city of Annapolis for December 08 was 52 times compared to a scanty 31 days in December 09 and the number of units sold have captured a major beating going down by over fifty percent from 306 units in Dec 08 to 148 units in Dec 09. The surge in median sales cost coupled with a 39.95% trimming down of median days on sector should actually spell good news but a 51.63% drop in units sold states otherwise. The rise in sales rate in this case dissuaded customers from purchasing new homes for sale in Annapolis.

There is good news for neighboring urban center Brentwood mainly because Brentwood homes for sale in Annapolis saw a modest increase in the median homes for sale in Annapolis worth of 1.03% along with a semi-dramatic increase in models sold off 24.49%. Neighbor Concord additionally witnessed a compact increase of 1.15% in median sales price nevertheless homes for sale in Annapolis sustained pretty much the identical fate while Antioch with a drop of 13.07% in the amount of units offered.

It is very important compared these key indicators with nearby cities to help People make an educated decision.

Read detailed information on homes for sale in Annapolis in 55 additional major urban centers in the Northern USA.

Access Antioch CA Properties for viewing latest market stock

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