I find statics very interesting. GRAR has some great statisitcal information available to members. I wondered how much of the market share was either bank owned - or short sale. They acually have this tracked as much as they can, by tracking key words that are normally used for these kinds of properties, IE: sold as is, non-grar forms and so on. Here is what we have year to date.
Month/Year |
Short Sales |
Dollar Volume |
Total Sales |
Dollar Volume |
Short Sales Percentage |
Dollar Perentage |
1/2008 |
594 |
50,290,055 |
1189 |
147,796,498 |
49.96% |
34.03% |
2/2008 |
405 |
31,578,876 |
835 |
100,107,516 |
48.50% |
31.54% |
3/2008 |
471 |
40,521,892 |
957 |
114,978,849 |
49.22% |
35.24% |
4/2008 |
466 |
43,566,478 |
1067 |
142,377,299 |
43.67% |
30.60% |
5/2008 |
446 |
39,387,598 |
1111 |
145,774,884 |
40.14% |
27.02% |
6/2008 |
468 |
38,595,858 |
1028 |
130,463,503 |
45.53% |
29.58% |
7/2008 |
172 |
15,951,577 |
350 |
45,255,792 |
49.14% |
35.25% |
So we hold pretty steady with short sales and bank owned homes owning 1/3 of the market place. January was our big month thus far.........I remember saying this is the month I get all my marketing together and I did not have time.........I was too busy.........well the numbers prove it, it WAS a busy month!
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