Frankly Speaking Blog

Monday Morning Quarterback Weekly Report for January 26 2014

February 10th, 2014 10:07 AM by Frank Ferrell

Every Monday, ORRA's Monday Morning Quarterback Report gives you a snapshot of the previous week's market activity, including sales, prices, days on market, and much, much more.

Week of January 26, 2014

Single-family existing homes

  • Sales of single-family homes increased to 373 during the week of Jan 26, from 227 the week prior
  • The median price of single family homes increased to $169,000, a change of 5.6%
  • The number of single-family home foreclosure transactions increased to 76 last week, from 50 the week of Jan 19
  • The number of single-family home short-sale transactions increased to 56 from 27 the week prior
  • Single-family inventory decreased by 12, and now sits at 9,671

Condos, townhomes, and villas

  • Sales of condos, townhomes, and villas increased to 111 during the week of Jan 26 from 59 the week prior
  • The median price of condos, townhomes, and villas increased to $97,000, a change of 10.9%
  • The number of condo, townhome, and villa foreclosure transactions increased to 27 last week, from 15 the week of Jan 19
  • The number of condo, townhome and villa short-sale transactions increased to 9 from 6 the week prior
  • Condo inventory increased by 26, and now sits at 2,646
Posted in:General
Posted by Frank Ferrell on February 10th, 2014 10:07 AM

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