In West Chester we averaged between 180 and 280 homes in that price range active at any time. Currently market absorbtion is running at 18 months. Here is a copy of the report I ran.
Inventory Analysis Prior 7 - 12 Months
(11/16/2009-05/14/2010) Prior 4 - 6 Months
(05/15/2010-08/12/2010) Current - 3 Months
Total # of Comparable Sales (Settled) 86 55 31
Absorption Rate (Total Sales/Months) 14.33 18.33 10.33
Total # of Comparable Active Listings â™¦ 272 197 188
Months of Housing Supply (Listings/Absorption Rate) 18.98 10.75 18.20
Median Sale Price & List Price, DOM Prior 7 - 12 Months Prior 4 - 6 Months Current - 3 Months
Median Comparable Sale Price 233,500 234,000 242,500
Median Comparable Sales Days on Market 52 37 45
Median Comparable List Price (All) 245,500 249,900 246,250
Median Comparable Listings Days on Market (All) 97 112 73
Median Sale Price / Median List Price % 96.07% 96.42% 95.20%
â™¦The total number of all Comparable Active Listings is based on listings that were On Market for all or part of one of the specified time periods above.
It does not copy here very well. If you are looking at buying or selling you may want to add Liberty Township to your criteria also as both are Lakota schools and most buyers end up looking in both townships. If you want me to email the report so it is clearer just conract me and I can send it to you.