April Statistics For Kuna: Surprise, Surprise!

May 7th, 2008 categories: Real Estate News

Total Active Listings: 285  up 14%

Pending Sales=36  (That’s good news, last month there were only 10)

Sold Listings= 32

Sold listings for March 2007= 41

Average Sold Price= $170,220

Average Sold Price in 2007= $192,741

Most Active price category= $150K-$200

Changes= More homes are selling for less this year. People who need to sell are competing for fewer buyers and are pricing their homes to sell. Builders are also trying to reduce their inventory by slashing prices. That is being reflected in the average sold prices.

Absorption Rate 8.9 months (Down slightly)

Kuna is offering some wonderful home prices for first time home buyers.  

But the opportunity is the greatest for those that what to move into a bigger home. If they have equity in their present home and can price it according to what is selling, they should be able to buy a lot more for less in the higher price categories.

Happy Home Buying!

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This entry was posted on Wednesday, May 7th, 2008 at 10:01 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Susan Hilton - Texas Aggie Realtor in College Station Home Sales said at May 10th, 2008 at 10:33 pm
   

   Glad to hear your market is doing well. The Bryan/College Station, Tx real estate home market is doing well too. I guess our buyers and sellers aren’t listening to the national news media.

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