2009 Snapshot Of Annual Sales Data
Single Family Homes - Glenville Vicinity

ALL Single Family Homes Sales - Within The 06831 Zip Code

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Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market	Sale Price/ List Price %
2004	91	$2,537,631	$1,600,000	$485,000	$23,000,000	76 days	95.8%
2005	142	$2,662,883	$1,710,000	$500,000	$18,000,000	139 days	95.2%
2006	106	$3,429,245	$2,512,500	$590,000	$16,125,000	214 days	94.2%
2007	130	$3,382,119	$2,162,500	$515,000	$14,700,000	236 days	92.6%
2008	68	$3,293,191	$1,937,500	$440,000	$30,000,000	263 days	90.6%
2009	55	$4,165,490	$2,025,000	$430,000	$22,500,000	281 days	88%

NOTES:

1. Average time on the market was 9.36 months (281 days)
2. 68 transactions is a pace of 4.6 sales per month.
3. The sale price/list price ratio of 88% means that most homes (on the average) are selling 12% below their asking prices.
4. The average sale price is skewed upward as a result of one exceptionally large sale price of $22,500,000.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 William Boeckelman Publications