Palm Beach County Existing Home Sales
		Updated for 09/01/2008
	Long Term Signal				Early Warning Signal
	Number homes		% vs 2 yrs ago		Number  homes		% vs 2 yrs ago
	sold in the				sold in the
	last 12 mos	13919	66.41%		last 30/31 days	954	49.69%
	Number sold				Number sold
	comparable time				comparable time
	one year ago	16016	76.42%		one year ago	1498	78.02%
	Number sold				Number sold
	comparable time				comparable time
	two years ago	20958	100.00%		two years ago	1920	100.00%
	Amount of time
	it will take to sell
	current inventory	Current Listings =	31696
	at the current
	absorption rate *	27.3	months
	* = Absorption is based on a simple
	algorithm. Divide the current number of homes
	available by the number of homes sold
	in the previous 12 months. Multiply the result
	by 12 to establish the number of months needed				Let Kerstin and Temple
	to "clear" the existing inventory.				Williams help you sell
					your home with their
Greater					cyberspace secrets.
Boca		project this mo =	950		Phone 561-241-6323
Raton					temple@sellnow.net
Area					kerstin@bocasite,com
SALES
(Realtor®
driven)		2002	2003	2004	2005	2006	2007	2008
								projected
	Jan	1652	1897	1986	2037	1283	1111	755
	Feb	1775	2065	2176	2065	1567	1216	943
	Mar	2153	2626	3238	3078	2156	1600	1323
	Apr	2657	2711	3328	3159	1722	1517	1479
	May	2751	2780	2996	2949	1987	1572	1549
	Jun	2526	2928	3461	3132	1914	1492	1531
	Jul	2557	2922	3046	2728	1448	1228	1307
	Aug	2436	2933	2883	2685	1517	1179	1031
	Sep	2070	2674	1889	2484	1273	945	950
Wilma '05 >	Oct	2380	2860	2121	1419	1258	972	729
	Nov	2006	2199	1895	1954	1110	939	780
	Dec	2457	2912	2410	1518	1314	1011	755
	Annualized	27420	31507	31429	29208	18549	14782	13132
	Year to year Percentage Comparisons							PENDING
								1707
		02 to 03	03 to 04	04 to 05	05 to 06	06 to 07	07 to 08
		change	change	change	change	change	change
							projected
	Jan	14.83%	4.69%	2.57%	-37.02%	-13.41%	-32.04%
	Feb	16.34%	5.38%	-5.10%	-24.12%	-22.40%	-22.45%
	Mar	21.97%	23.31%	-4.94%	-29.95%	-25.79%	-17.31%
	Apr	2.03%	22.76%	-5.08%	-45.49%	-11.90%	-2.50%
	May	1.05%	7.77%	-1.57%	-32.62%	-20.89%	-1.46%
	Jun	15.91%	18.20%	-9.51%	-38.89%	-22.05%	2.61%
	Jul	14.27%	4.24%	-10.44%	-46.92%	-15.19%	6.43%
	Aug	20.40%	-1.70%	-6.87%	-43.50%	-22.28%	-12.55%
	Sep	29.18%	-29.36%	31.50%	-48.75%	-25.77%	-28.34%
Wilma '05 >	Oct	20.17%	-25.84%	-33.10%	-11.35%	-22.73%	-25.01%
	Nov	9.62%	-13.82%	3.11%	-43.19%	-15.41%	-16.95%
	Dec	18.52%	-17.24%	-37.01%	-13.44%	-23.06%	-25.37%
		14.91%	-0.25%	-7.07%	-36.49%	-20.31%	-11.17%
	© copyright 2004-2007 by Temple and Kerstin Williams
	with permission from The SkanSearch Corporation.
	May not be reproduced without written permission
	from The SkanSearch Corporation.
	Mailing Address: 3755 Mykonos Court, Boca Raton, FL 33487
	Direct Phone: 561-241-6323 Cell phone: 561-271-8121 (Kerstin) 561-251-6187 (Temple) Direct Fax #: 561-241-6358
	Broker: Realty3000, Inc., 21301 Powerline Rd., Suite 309, Boca Raton, FL 33433