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The third quarter stats were surprisingly positive for Steiner Ranch.  Number of units sold was up almost 20% and median sales price increased by 9.32%.  However, average sold price was down 3.04%, highlighting the issue with upper end homes moving extremely slowly.  It looks as though the first time homebuyer credit will be extended for 6 months, so there’s no reason to believe that we’ll see things slow down in the near future.  Here are the 2008 Q3 numbers and the 2009 Q3 numbers.

The numbers look pretty decent for September, with the exception of median price.  We saw no change in number of units sold, and virtually no change in average list & sold price.  However, median price was down just under 11% from 2009.  Here are the 2008 numbers and the 2009 numbers.

Here are links to the Aug 2008 statistics and the Aug 2009 statistics.  There was an uptick in units sold by over 10%, but it looks like Steiner is still on pace to decline by roughly 5%.  However, the median price actually increased in August by 2.16%.

These numbers look promising, but the number of short sales in the neighborhood is worrisome.  Currently, 10% of the properties listed in the neighborhood are short sales or foreclosures.