Apple Valley Real Estate Market Update for October 2008

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Inventory is down and so are sales year to date compared to the same time last year. Median home prices are also down in Apple Valley by 5.4%

Single Family Homes, Townhomes, Condos in Apple Valley

Active Single Family Homes for Sale | 223
Active Townhouse-Condo Units for Sale | 247
Homes Sold in October | 51Homes Sold
Average Sale Price | $205,387
Average Days on Market | 134
Average Sale Price/List Price | 92.0%

Comparison in Apple Valley real estate over the year

New listings are down for the month of October in Apple Valley compared to October 2007 by 17.1%. Sales stayed relatively consistent with 56 last year compared to 51 this year at the same time. Year to date, the days on market are right around 140, that is cumulative days on market which sometimes doesn’t paint the best picture, but the right one.