Behold, a bunch of new graphs from the (internal?) Prudential Douglas Elliman Contracts Signed Report, as posted by superbroker Ilan Bracha on his blog. There's a ton of straightforwardly interesting data herein, including the recent slide in median sales prices (from, gulp, $666k to $635k) and average sales price (from $1.086m to $1.001m); the fact that units are spending less time on the market than they were a few months back (44 days vs. 55 days); and that transactions under $1 million now account for 74% of all deals. Your additional analysis is welcomed, naturellement.
· Contracts Out Report April 2009 [Bracha Blog]