Market Shapes
I mentioned that I would post a graph going back a number of years so that you might be able to see what I think is a more normally shaped sales year. I beleive that is the first sign of a healthier market.
This is a chart of Ada County Monthly Solds going back to January of 2001. You can see the “usual” shape of our real estate sales in the first couple of years. You can also see how wildly out of balance our market became between the end of 2004 and the beginning of 2006. Then, look at how broken the shape was last year, in 2007. Now, while much smaller than we’d like, 2008 seems to have a more normal shape to it. Our largest sales month usually happens in June or sometimes July, then we tail off into the holidays. Remember that, when the Statesman tells you how dismal the fall sales are. It all depends on how you look at it.
bill | General Information, Real Estate Market
