The weekly tumble goes monthly

You might have noticed that I have not posted the weekly tumble lately. Unfortunately, HousingTracker.com, the site I got the data from has scaled back it's reports. It now only lists the median asking price and it only updates it once a month. It used to list 3 price points and also broke out the core areas of the IE versus the entire county. Well, no more, now we only get one number.

So here it is....

Trend	11/15/2008	1 month	3 month	6 month	12 month
Median Price	$214,900	-6.2%	-14.0%	-26.5%	-41.8%
Inventory	42,556	-1.8%	-5.6%	-10.2%	-21.2%

Date	Inventory (SFH + Condo)	25th Percentile	50th Percentile (Median)	75th Percentile
11/15/2008	42,556	-	$214,900	-
10/13/2008	43,356	$160,000	$229,000	$340,000

As you can see the median asking price has fallen considerably in the last month. Dropping all the way from $229K down to $215K. That's just about normal for the last year or so. It has been averaging between $3k and $5k per week.

Inventory remains steady, fluctuating only slightly. It had been hovering around 48,000 until AB1137 kicked in. After the foreclosure bill kicked in the numbers dropped to around 42,000 and they seem to be sticking right around there.