Monthly Manhattan Kansas Real Estate Market Update

Sold home market report for the month of March, 2008 for homes sold with a Manhattan, Kansas address categorized by price range of home sale(Data Below). I derived this data from the Manhattan, KS area Multiple Listing Service and this information is limited to only those residential properties entered into the MLS System.

Highlights for changes between the month of February, 2008 and March, 2008 period home sales:

· New listings with a Manhattan address during the month of March are up 24.2% over that of the February period

· Number of Homes Sold with a Manhattan address during the month of March is up by 32.2% that of the February period

· Average Sales Price of homes sold is down by 4.11% for the month of March from the month of February period

· Average Time On The Market for homes sold during the month of March is pretty consistent with February but down by 8.8% for total days to the home sale marketing time

Residential Houses

Other Residential Property

Average

 

Number of Bedrooms

Bedrooms

Days On

Price Range:

2-

3

4+

Total

2-

3

4+

Total

Market

0 - 29,999

0

0

0

0

0

0

0

0

0

30,000 - 39,999

0

0

0

0

0

0

0

0

0

40,000 - 49,999

0

0

0

0

0

0

0

0

0

50,000 - 59,999

0

0

0

0

0

0

0

0

0

60,000 - 69,999

0

0

0

0

0

0

0

0

0

70,000 - 79,999

1

0

0

1

0

0

0

0

120

80,000 - 89,999

0

1

0

1

0

0

0

0

160

90,000 - 99,999

0

0

0

0

0

0

0

0

0

100,000 - 119,999

0

1

0

1

0

0

0

0

242

120,000 - 139,999

1

3

1

5

0

0

0

0

76

140,000 - 159,999

0

6

1

7

0

0

0

0

127

160,000 - 179,999

0

4

1

5

0

0

0

0

100

180,000 - 199,999

0

7

4

11

0

0

0

0

150

200,000 - 249,999

0

2

2

4

0

0

0

0

120

250,000 - 299,999

0

1

2

3

0

0

0

0

87

300,000 - 399,999

0

0

1

1

0

0

0

0

26

400,000 - 499,999

0

0

2

2

0

0

0

0

105

500,000 - 749,999

0

0

0

0

0

0

0

0

0

750,000 - 999,999

0

0

0

0

0

0

0

0

0

1,000,000 - 1,249,999

0

0

0

0

0

0

0

0

0

1,250,000 - 1,499,999

0

0

0

0

0

0

0

0

0

1,500,000 - 1,999,999

0

0

0

0

0

0

0

0

0

2,000,000 - 2,999,999

0

0

0

0

0

0

0

0

0

3,000,000 - 99,999,999

0

0

0

0

0

0

0

0

0

Totals:

2

25

14

41

0

0

0

0

120

104

Total New Manhattan Listings During This Time Frame

Manhattan Median Sold Price For Period Sales

$170,500

Manhattan Average Sold Price For Period Sales

$185,792

Manhattan Average Days on Market For Period Sales

120

Time on Market Analysis

Type of Financing Analysis

For Units Sold

For Units Sold

Days

Residential

Other

Total

Financing

Residential

Other

Total

0 - 30

6 0 6

Cash

2 0 2

31 - 60

9 0 9

Conventional

29 0 29

61 - 90

6 0 6

FHA

3 0 3

91- 120

2 0 2

VA

7 0 7