March 2009 Cabot Arkansas Real Estate Update
This March has shown a little improvement from previous months this year. Jan. and Feb. were rough months for the Cabot real estate market. March was not great, but better than the other two months.
This March the Cabot real estate market was still down in total number of sales compared to last year' March. There were 75 homes sold in the Cabot area this March. That is still a 12.7% decrease from last year's March. Here are the total number of March sales for the past four years:
2009: 75
2008: 86
2007: 88
2006: 100
As you can see the numbers are still down compared to previous years. This still is not as bad as other months that I have seen 30%-40% decreases in year over year sales. My next post will give the price ranges that the sold March homes were in.
Good day