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APRIL SOLD - QUICK VIEW Single Residential - Reported to the Consolidated MLS April 30, 2007 April 2007*: 313 April 2006: 975 THE MORE OR LESS OF THINGS MORE HOUSES ON THE MARKET - LESS BUYERS PURCHASING BUYERS WANT MORE SELLERS WON'T EXCEPT LESS Today's market indicates that the summer heat will be turned up a notch on serious sellers to work "more" with the serious buyers. That doesn't mean Sellers will be getting "less", it just means Sellers will be getting today's market value. It has become increasingly evident that homebuyers are well-informed individuals and are not shy about asking for "more". Buyers are shopping around for mortgages, concessions, and seller's contributions for paying points down and other incentives to make a property purchase more desirable. Incentives and concessions are not "gimmicks". These are buying and selling options. WHAT IS THE DECIDING FACTOR? Even if the house is priced right, and is comparable to 10 other houses priced right in the same area, it is all in the negotiating. BUYERS and SELLERS: Ask and you may receive...it is all in writing a contract. April 2006 - CMLS | Totals | 975 | $638,595,021 | $654,969 | $485,000 | 82 | Sold by Same Company | | 199 | $134,931,813 | $678,049 | $475,000 | 90 | Sold by Different Company | | 776 | $503,663,208 | $649,051 | $493,500 | 80 | All Sold Listings | | 975 | $638,595,021 | $654,969 | $485,000 | 82 | | | | | Total Production | Average Home Price | Median Home Price | Days on Market |
April 2007*- CMLS | Totals | 313 | $207,947,826 | $664,370 | $465,000 | 106 | Sold by Same Company | | 74 | $57,143,773 | $772,213 | $465,000 | 116 | Sold by Different Company | | 239 | $150,804,053 | $630,979 | $465,000 | 103 | All Sold Listings | | 313 | $207,947,826 | $664,370 | $465,000 | 106 |
*All the totals for April 2007 are not in for the Consolidated MLS Sold information and will be updated again on May 7, 2007 giving broker participants time to input and update their SOLD data. Bonus: April 2005*- CMLS | Totals | 1240 | $823,697,015 | $664,272 | $500,000 | 77 | Sold by Same Company | | 258 | $170,815,589 | $662,076 | $499,343 | 87 | Sold by Different Company | | 982 | $652,881,426 | $664,849 | $500,000 | 74 | All Sold Listings | | 1240 | $823,697,015 | $664,272 | $500,000 | 77 |
CMLS Disclaimer: Listing Information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision.
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