Thursday, January 6, 2011

Thornwood Market Stats for 2010

2010 Market statistics for Detached Single Family Homes in Thornwood:

Lowest priced home sold was $250,000.
Highest priced home sold was $665,000.
Median Sales price: $380,000.
Average Sales price: $398,893.
Average marketing time was 144 days for detached single family homes and 40 units sold during 2010.

Comparing 2010 to 2009--- the marketing time has decreased by 81 days.
The average sold price increased about 1.5% from $392,921 in 2009 and the median sold price increased about 1.9% from the $373,000 figure in 2009.
These 2010 figures show some slight improvement over 2009 and it looks like Thornwood is weathering the market as well as can be expected.

Source MRED LLC (Multiple Listing Service)

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