Grantham Housing Statistics
Monday, May 2nd, 2011Looking at the NNEREN data for home sales in Grantham over the past decade a couple things stand out. In the early years of 2001 through 2003 inventory and sales were very balanced, for example in 2001 97 new units came on the market and 89 units sold in the same year for a ration of 92% listed/sold. In 2004 the inventory of homes available for sale in Grantham increased significantly to 140, but sold units for the year totaled only 77 for a listed/sold ratio of 55%. Things have not really changed much since then, each succeeding year the available inventory in Grantham has exceeded properties that sell dramatically with the worst year being 2009 when 166 homes were available for sale and only 39 sold for an all time low listed/sold ratio of 23%!
