tompkins county market stats: Confidence in the market place? Ithaca New York? - 06/09/10 07:19 AM
As real estate professionals many times we are asked about our confidence in the market place. Many factors are taken into consideration to find out if there is confidence. Any good real estate agent can determine this, infact they should drive it.
Why are most people selling their homes? What is driving the buyers to make decisions. What are the average sales, median sale and absorption rate? What are the interest rates and how accessible is financing? People need to live somewhere. What is the ownership verses rental percentages.
These are are factors that go into determining a market confidence.
RE/MAX … (0 comments)
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tompkins county market stats: New York Real Estate Market - a comparison - 08/08/08 02:30 PM
Tompkins County Residential Real Estate Statistics: Comparison 2007 to 2008
From July 15th to July 31st, 2007, 91 listings closed. The average sales price was $216,757, and the average number of days on the market was 112. The median price was $189,900 and the median days on the market was 95.
From July 15th to July 31st, 2008, 68 properties closed: The average sales price was $204,306 and the average number of days on the market was 128. The median price was $176,250 and the median number of days on the market was 106.
HINT:
To freshen a house for showing, … (0 comments)
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tompkins county market stats: 2006 Tompkins County Real Estate SOLD Market Statistics - 08/10/07 09:49 AM
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