The total number of Home Sales in MAY of 2009 in the Single Family Detached category in FlexMLS as compared to MAY 2005, 2006, 2007 and 2008:
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May 2009 home sales Vs. May 2008, 2007, 2006, and 2005 (sales according to FlexMLS)
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May-09
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May-08
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May-07
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May-06
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May-05
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Total Sales (Single Family Detached Homes)
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8,338
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4,830
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4,659
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6,181
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8,025
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Between the price range of $1 to $399,999
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7,852 (94.1%)
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4,117 (85%)
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3,480 (75%)
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4,671 (75.5%)
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6,483 (80%)
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Between the price range of $400,000 and above
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486
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713
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1,179
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1,510
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1,542
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REO sales and percentage of total sales
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5,349 (64%)
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1,505 (31%)
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99 (2.1%)
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10 (<1%)
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19 (<1%)
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Short Sales and Percentage of total sales
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947 (11.45%)
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0
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0
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0
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0
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*Numbers as of 6/4/09
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2009 previous months activity
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|
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Jan-09
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Feb-09
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Mar-09
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Apr-09
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|
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Total Sales (Single Family Detached Homes)
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4,285
|
4,869
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6,881
|
7,655
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|
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Between the price range of $1 to $399,999
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3,989 (93%)
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4,525 (93%)
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6,504 (94.5%)
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7,222 (94.3%)
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Between the price range of $400,000 and above
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296
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344
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377
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433
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REO sales and percentage of total sales
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2,881 (67%)
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3,278 (67%)
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4,709 (68%)
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5,108 (66.7%)
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Short Sales and Percentage of total sales
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396 (9.2%)
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444 (9.1%)
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690 (10%)
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774 (10.1%)
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The Percentages in the chart above refer to the percentage of total sales for the month. Example: in MAY 2009 homes priced under $399,999 represent 94.1% of the total sales in May 2009 (7,852 total sales).
As you can see things are selling at an astounding rate...this is very positive news!!! WE SOLD MORE HOMES IN MAY 2009 THAN WE DID IN MAY 2005!!! As of 6/04/09, there are an amazing 11,852 Single Family Homes PENDING!!! And a total of 13,277 total properties Pending in the MLS!
Have a Great Day!
From The Jesse Herfel Group
This information was provided by PlainsCapital Corporation