In August 4,173 closed in the 13 county metro area. This is down 17.8% over last year and a whopping 40.2% over two years ago.
For the period of January – August 2007, there have been 28,739 closed sales, down 14.9% over last year and down 27% over two years ago.
It’s a slowing market… which is great for 1st time buyers and move-up buyers but not great for downsizing households. Houses can sell quickly though… just sold one of my listings in 3 days!