Comparing September 2008 with that of 2007, pending sales dropped a slight 3%. Closed sales were also off of 2007's level by 13.3%. New listings also fell 5.4%. See table above. At the month's rate of sales, the 2,459 active residential listings would last approximately 10.2 months.
For Further information Please click on the following link: http://www.web2real.com/2008SeptemberMarketReportLane.pdf
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