Monday, February 13, 2006

Contra Costa: $590K

Monday 02/13/2006: The median price of the monthly expired listings in January stood at $590,000, which is above the red horizontal line that represents the median price of active listings. When it's no longer a seller's market, pricing becomes more sensitive. When a listing is priced above the median price, it may not sell when the listing contract expires. The same principle applies to the specific neighborhood listings.


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