The Federal Tax Stimulus drove sales in April, 2010, pushing Buyers to purchase by April 30 and demanding that Sellers price their homes to sell.  Traffic exceeded the usual expectations of Realtors for the April time frame.  Additionally, prices improved in the lower price ranges.Hyde Park, Mt. Lookout, Oakley, Columbia Tusculum Market Snapshot - 2005-2010

 

 

 

 

 

 

 

 

 

 

 

In fact, traffic was skewed to the lower end of the market.  First time buyers represented the majority of demand.  Homes listed for over $300,000 continue to be more difficult to sell than in the recent past.

There are currently 406 active listings in Hyde Park, Mt. Lookout, Oakley, and Columbia Tusculum.  There are 114 pending sales and 73 homes closed in April.