
2008 Real Estate Review for Roselle Homes and Real Estate:
Single Family
Active listings: 87
Under contract: 10
Sold & Closed: 117
Average days on market: 206
Condo/Towhomes
Active listings: 158
Under contract: 14
Sold & Closed: 106
Avg days on market: 211
2008 was an ugly year for Real Estate. For 2009 we’ll begin to get an idea of the overall attitude of buyers and sellers over the next few months as we head into the Spring market. Despite the bad year, you can see many people did sell and close on their homes. They priced for the market and found a buyer. There are some buyers looking, but they don’t act unless the price is right. Interest rates have dropped recently too, making this a great time to purchase a home in Roselle.
Data from 1/1/08-12/31/08 for closed listings, courtesy of MRED MLS.


No comments yet
Comments feed for this article