Below are stats that I have pulled from MLS as of 1/10/2011.

There are currently 36 single family homes that are active in Woodmoor. Prices range from $234,000-$565,000. Average Days on Market for these homes is 135 days. There is no new construction in this number.

There are currently an additional 8 homes that are under contract. Average days on the market for these to go under contract is about 149...give or take a few hours.

The better news is that there have been 26 reported closed sales since September 1, 2010...Average days on the market for these sales..109 days. Average sales price is $359. Of the 26, 21 have sold since 10/1/2010.

We will see what the New Year brings. All indicators point to a better market in 2011 according to a recent article published by the National Association of Realtors. Interest rates will creep up but hopefully not exceed  5.3% according to Lawrence Yun,   NAR ‘s chief economist.

With higher rates on the horizon, hopefully fence sitters will jump into the market knowing that good things don’t last forever.