Smyrna Homes Sales: July 2007

Here we are already in August. I didn't run the June housing numbers because life got in the way, but here are some numbers from July!

Homes on the Market: 357
New Homes on the Market (built 2006 to current): 156
Least Expensive: $55,000 (home on Front Street).

Homes more than $200,000: 116
Most Expensive: $949,000 (4 bedroom, 4/2 bath, 5637 square feet on Rock Springs Road)

Pending Homes (sold, but not closed): 20

Homes Closed (July 1 - July 31, 2007): 75
Homes Closed (Jan. 1 - July 31, 2007): 586

Homes Closed (July 1 - July 31, 2006): 88
Homes Closed (Jan. 1 - July 31, 2006): 524

It looks like there's been an increase in home sales when you look July 2006 to July 2007, however a slight increase when looking at the year-to-date picture. In other news, I just read today that American Home Mortgage is closing its doors after originating $59 billion in loans last year. The AHM office in Smyrna just relocated to a swanky new building earlier this year. Wells Fargo (so I hear) is making drastic cuts in the number of loans. Grim, but not hopeless!