Real Estate December 2007 Statistics are Here!

I don't remember who said it, but the quote is worth repeating: "Statistics are just a bunch of numbers looking for an argument." Well, here's the latest real estate squabble update.

December was not a month to brag about, but showed almost the same numbers as November, which you may recall was a little better than October in terms of pending sales. However, the pendings and solds do not match up as well as I'd like, which seems to suggest buyers out there changing their minds during escrow or just longer escrows, as is the case with short sales.

1763 single family residences came on the market in December.

805 units were sold.

1035 were pending, suggesting that buyers are out there looking.

Median price has fallen to $281,500.

Also read: November's statistics.