Hello Ann,

Here are some quick stats I pulled off of the MLS. All were 3 bedroom, 2.5 bath. Average days on the market is 71, but that can be fudged by realtors pulling and relisting the home. There were 14 units that sold in the past 6 months.

Avgerage of all 14 that sold in the last 6 months in Kennett School District $338,321--- Highest $454,438--- Lowest $217,000. That is quite a range in price and it covers units from 1400 to 2700 square feet, new construction and existing.

There are currently 31 on the market that meet these same criteria so basic math shows at least a years supply.

In the period from 6-12 months ago, 27 units sold with a low of $200,000 and a high of $460,310. The average was $295,882. Average days on the market was 74.

From 12 to 18 months ago, 22 units sold with a low of $185,500, a high of $485,000 and an average of $287,185 and an average days on market of 76.

So sales volume is down, price is up on the low end, down on the high but average is up. Days on the market for sold properties appear to remain similar on the surface. I think prices will continue as we have seen, what is selling is the best value. There are so many to choose from, only the best sell fast. Cheapest for the condition or best for the price however you want to look at it.

I see this same trend all around this area and even on detached homes. The lower price range is doing fine, the higher has suffered more but not like we see on the news nationally. If you have any other questions, feel free to ask.