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Residential Real Estate |
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 Indicators |
Period |
Current
Period |
Previous
Period |
Same Period
Previous Year |
vs. Previous
Period |
vs. Same Period Year Ago |
 |
New Home Median Price |
May-08 |
$269,990 |
$291,080 |
$310,225 |
-7.2% |
 |
-13.0% |
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Existing Home Median Price |
May-08 |
$225,000 |
$228,000 |
$278,757 |
-1.3% |
|
-19.3% |
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New Home Closings |
May-08 |
868 |
938 |
1,739 |
-7.5% |
|
-50.1% |
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Existing Home Closings |
May-08 |
2,606 |
2,255 |
2,477 |
15.6% |
 |
5.2% |
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MLS Listings |
May-08 |
20,573 |
21,338 |
25,282 |
-3.6% |
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-18.6% |
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Active Subdivisions |
May-08 |
474 |
486 |
558 |
-2.5% |
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-15.1% |
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Single Family Units Permitted |
May-08 |
741 |
1,031 |
1,609 |
-28.1% |
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-53.9% |
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Multi-family Units Permitted
[
JLD ] |
May-08 |
400 |
125 |
163 |
220.0% |
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145.4% |
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Residential Value Permitted |
May-08 |
$129,358,060 |
$272,908,986 |
$215,152,803 |
-52.6% |
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-39.9% |
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New Home Foreclosures |
Q1 2008 |
3,192 |
3,192 |
1,685 |
0.0% |
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89.4% |
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Active Home Foreclosures |
Q1 2008 |
6,165 |
4,173 |
2,682 |
47.7% |
|
129.9% |
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Home Ownership Rate
[
JLD ] |
2007 |
68.6% |
63.3% |
n/a |
5.3% |
|
n/a |
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Households Renting Housing
[
JLD ] |
2007 |
31.4% |
36.7% |
n/a |
-5.3% |
|
n/a |
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Apartment Occupancy Rate
[
JLD ] |
Q1 2008 |
92.7% |
92.3% |
94.1% |
0.4% |
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-1.5% |
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Average Apartment Rent
[
JLD ] |
Q1 2008 |
$ 897 |
$ 889 |
$ 872 |
0.9% |
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2.9% |
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Cost of Living Index - Housing |
Q1 2008 |
110.6 |
133.6 |
129.6 |
-17.2% |
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n/a |
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Avg. Assessed Single Family Value*
[
JLD ] |
Apr-08 |
$111,168 |
n/a |
n/a |
n/a |
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n/a |
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*Per Parcel |
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