Big Canoe Market Trends 2006 Update:

• Current Home Inventory is now at 179 vs. 193 in November. Inventory from $251K to $350K now represents 22% of the market. Inventory from $351K to $500K represents 25% of the market.
• Average days on market are 120.4 days which is down from 123.1 YTD in November. Days on market for December 2006 were 121.0 vs. 113.0 in December 2005.
• Average listing-to-sold ratio YTD is 94.8%.
  Note: The Beechler Group’s sales ratio is 96.4% YTD. That’s a lot of money in your pocket. On a $400,000 home that is a savings of $6,400.00. Who says you need a discount Broker?
• 5 Homes closed in December vs. 17 in December 2005.
• 166 Homes have sold YTD vs. 191 in 2005 YTD.
• The average sales price in December was $387,421 compared to $392,600 in November.
  
  Source: IMS/FMLS as of 1-17-07