Single Family Residential
- 53% of homes were 3 bedrooms - average price $259,753
- 39% closed in 30 days or less
- 22% closed in 121 days or more
- 48% buyers used conventional financing
- 32% buyers used FHA financing
- closings up 11.4% from last month (1782 vs 1599)
- total dollar volume up $147M from May 2009
Condos
- 19% sold were in the $200k to $250k range with average price of $234,273
- 22% closed in 30 days or less
- 35% closed in 121 days or more
- 48% buyers used conventional financing
- 25% buyers used cash
- closings up 17.5% from last month (208 vs 177)
- total dollar volume up $9.39M from May 2009
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