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Carbon County 90 DAY RESIDENTIAL MARKET as of Dec 2nd , 2009 SOLD PRICE | HOUSES SOLD (90days) | % OF HOUSES SOLD AT THIS PRICE OR LOWER | $300,000 AND UP | 1 | 100% | $275,000 - $299,999 | 2 | 99% | $250,000 - $274,999 | 1 | 97% | $225,000 - $249,999 | 3 | 96.5% | $200,000 - $224,999 | 5 | 92% | $175,000 - $199,999 | 5 | 86% | $150,000 - $174,999 | 9 | 80% | $125,000 - $149,999 | 14 | 70% | $100,000 - $124,999 | 9 | 53% | $50,000 - $99,999 | 27 | 43% | 0 - $49,999 | 10 | 11% | total | 86 | |
Summary: 1) Half of all buyers in Carbon County are buying houses for under $116,000. 2) 75% of all buyers in Carbon County are buying houses under $165,000. 3) Only 10 out of every 100 buyers are buying over $200,000. (This is an increase!) 4) At the current sales rate, we have an 11 month inventory of houses to sell. (If no one else listed their property, it would take 11 months to sell all of the houses on the market.) ** INVENTORY IS DOWN (this will lead to increases in value) ** TAX CREDITS OFFER GREAT OPPORTUNITIES ** MORTGAGE RATES ARE AT HISTORIC LOWS! |
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