By Frederick R. Giebel, Jr. IFA
(Preferred Appraisers, Inc.)
An analysis of sales data from year to corresponding year indicates a change in: Sales Volume from 43 units to 41 units, Median Sales Price From $235,000 to $234,900, Median Days On Market from 85 to 95 (Diluted by re-listing) Current Inventory Accumulation is 14.6 Months. Submarkets within this area may have different results. Values appear to have stabilized however the market is remains in a condition of oversupply.