MARKET  UPDATE                                                                                              Comparison of 2006/2005                  Comparison - 2005/2006/2007
January 1 - December 31
AVALON STONE HARBOR
SINGLE FAMILY 2005 2006 2007 2005 2006 2007
Total Sales 157 106 97 80 43 60
Average Final Asking Price $2,230,949 $2,548,689 $2,276,930 $2,197,175 $2,382,460 $2,164,634
Average Selling Price $2,132,769 $2,383,793 $2,091,633 $2,120,535 $2,260,221 $1,983,686
% Sell Price to Final Ask Price 96% 94% 92% 97% 95% 92%
 
Total Dollar Volume $334,844,849 $252,682,100 $202,888,466 $169,642,800 $97,189,500 $119,021,199
Low Sale $785,000 $750,000 $725,000 $495,000 $460,000 $495,000
High Sale $7,480,000 $4,600,000 $13,250,000 $5,175,000 $5,300,000 $6,250,000
Average Days on Market 175 209 224 210 198 263
Total Active Listings Not Sold 160 165 117 78 94 71
 
CONDO / TOWNHOUSE
Total Sales 106 40 63 41 33 20
Average Final Asking Price $745,276 $919,445 $894,044 $748,546 $705,776 $649,730
Average Selling Price $745,846 $883,707 $843,365 $731,799 $676,164 $596,200
% Sell Price to Final Ask Price 100% 96% 94% 98% 96% 92%
 
Total Dollar Volume $79,059,765 $35,348,299 $53,132,012 $30,003,777 $22,313,400 $11,924,000
Low Sale $178,000 $270,000 $203,000 $259,000 $172,000 $285,000
High Sale $2,250,000 $1,850,000 $1,800,000 $1,485,000 $2,095,000 $1,494,500
Average Days on Market 519 199 240 110 181 172
Total Active Listings Not Sold 82 131 66 46 49 39
 
VACANT LOTS
Total Sales 9 3 4 4 2 3
Average Final Asking Price $2,286,000 $1,229,517 $2,345,000 $2,073,750 $947,000 $1,564,633
Average Selling Price $2,241,729 $1,185,000 $2,148,750 $1,905,000 $962,250 $1,462,500
% Sell Price to Final Ask Price 98% 96% 92% 92% 102% 93%
Total Dollar Volume $20,175,562 $3,555,000 $8,595,000 $7,620,000 $1,924,500 $4,387,500
Low Sale $1,300,000 $550,000 $800,000 $1,450,000 $925,000 $865,000
High Sale $5,000,000 $2,000,000 $3,850,000 $2,600,000 $999,500 $2,300,000
Average Days on Market 136 125 279 256 357 225
Total Active Listings Not Sold 13 17 8 14 10 6
 
MULTI-FAMILY
Total Sales 8 3 1 6 9 6
Average Final Asking Price $1,323,362 $1,497,633 $1,475,000 $1,712,333 $1,244,000 $965,483
Average Selling Price $1,269,687 $1,371,667 $1,475,000 $1,648,333 $1,152,333 $873,333
% Sell Price to Final Ask Price 96% 92% 100% 96% 93% 90%
 
Total Dollar Volume $10,157,500 $4,115,000 $1,475,000 $9,890,000 $10,371,000 $5,240,000
Low Sale $865,000 $1,200,000 $1,475,000 $1,340,000 $710,000 $690,000
High Sale $1,604,500 $1,665,000 $1,475,000 $2,350,000 $2,075,000 $1,100,000
Average Days on Market 164 205 589 247 155 354
Total Active Listings Not Sold 6 4 7 17 18 11
 
TOTAL SALES 2005 2006 2007 2005 2006 2007
All Classes: 280 152 165 131 87 89