Friday, September 7, 2007

Columbia Missouri Market Statistics

In lite of current market conditions both nationally and locally I thought I would dazzle you with some very interesting statistics courtesy of the Columbia Board of Realtors.

NEW HOME SALES STATISTICS: (Boone County Missouri)

- New Home Sales are down 34% through the 1st half of 2007'.
* 218 units sold in 2006' vs. 133 for 2007'
* $42.8M in volume for 2006' vs. $27.7M in 2007'
* Through the 1st half of 2007' building permits are down 67% from 2006' and
105% from 2005'.
* Through the 1st quarter of 2007' the Sales Prices List Price ratio was 98.94
compared to 100.55 in 2006' and 100.04 in 2003'
* The median sales price through the 1st half of 2007' was $150,000 compared
to $149,600 in 2006'

EXISTING HOME SALES STATISTICS: (Boone County Missouri)

-Existing Home Sales are down 2.5% through the 1st half of 2007'
* $105.5M for 2006' vs. $103.2M for 2007'
* Median sales prices for 2007 was $144,000 vs. $146,000 for 2006'
* Through the 1st quarter of 2007' the Sales Price / List Price ratio was
97.56 in 2007' vs. 97.76 for 2006' and 96.62 in 2005'
* 61% of the sales have been under $200,000
* 87% of the sales have been under $250,000
* The average days on market for 2007' has been 131 vs. 119 in 2006' and 117
in 2005'

MISC STATISTICS: (Boone County Missouri)

- The hottest area of was the SW with 208 units sold through the 1st half of 2007'
- The 2nd hottest area was NE with 122 units sold through the 1st half of 2007'
- Overall the Columbia Missouri Market is down 11% from last year
- The slowest area was the SE with only 53 units sold through the 1st half of 2007'


Brought to you by Professional Mortgage Group, Inc.

Your Columbia, Missouri Mortgage Broker

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