Friday, March 27, 2009

Annual Trends by Industry 2008

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The Annual Trends Report by Industry summarizes the real estate activity among 15 property types and is available for free download from MidlandsTrends.com. Trends of particular significance found in this report include:
  • Overall increases in both sales and average price of Duplex, Triplex & Quads
  • A near non-existent third quarter for both Hotel/Motel and Multifamily sales
  • Overall decreasing Office sales, through prices held relatively steady
  • Shopping and Strip Center sales disappeared in the second half
  • Retail sales and average price plummeted
  • Relatively stable prices in the Condo/Townhouse market
  • Decreasing Mobile Home sales juxtapose with increased average prices
  • Steady Q1 though Q3 land sales dropped a third at year end


Industries summarized within this report include:
Auto Related, Duplex / Triplex / Quad, Hotel / Motel, Multifamily, Office, Restaurant, Service Station, Shopping Center / Strip, Special Use, Store / Retail / C-Store, Condo / Townhouse, Mobile Home, Single Family & Land

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