Just in time for the start of school, 55 sales closed with Auburn addresses during the month of August, 2010.
Here’s the breakdown:
Residential Sales are Single Family Homes, Manufactured homes are those within parks, not on private land.
Of those closed 39 single family home sales, 14 were bank owned, while 6 more were short sales.
A couple other interesting facts:
Prices for single family homes ranged from a low of $112,500 to a high of $737,900 — and that high priced home had been on the market for a total of 728 days!
Of the total 55 closed sales, 14 of them (25%!!) had been active for less than 30 days before a buyer and seller agreed on a contract, i.e., when the status went to pending, pointing to the fact that sellers are finally understanding that when a home is priced right, it’ll sell quickly!