Superior sales are up 8% over this time last year but down by almost half from 6 years ago. Average sales price is flat from a year ago and up 2% from ’05. Average days to contract is around 90. Inventory is up from last year but lower than ’05. With sales up a bit and inventory down, months of inventory dropped to 4.4 in April: a seller’s market, for the moment. 5 to 6 months of inventory mark the dividing line between a buyer’s and a seller’s market. More than 5/6 months is a buyer’s market, less is a seller’s.
For details and a search or study tailored to your needs and future call Dagmar Alford at 720-35-8285.
