East Moreland Housing Report May '10

The beautiful neighborhood of East MorelandB sold two listings in May out of 33 for a sell-through rate of 15.2%. It sounds high, but given that last month sold 2 out of 44…we’ve got a ways to go. Good news is that Aprils closing average of -11% was bested in May at just -5.5% under most recent list price. I like to see that kind of improvement.B B Average sales price was $448k, with the 75th percentile at $485 and the median and 25th percentile both converging at $429k.B Looking forward to seeing if June bestows the kindness of consistency in East Moreland….Let’s move some houses! (By the way, if you are in the area this weekend–June 26th & 27th, stop by for the 25th annual East Moreland Garage Sale! It’s an event you won’t want to miss!)

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