butler pa: Middlesex Township - Market Update - $200,000 - $399,999 - 07/07/10 03:57 AM
Middlesex Township - Market Update
$200,000 to $399,999 - December 2009 thru May 2010
The Middlesex Township area in Butler County has a good absorption rate ----- down from 7 months of inventory in Jan 2010 to 3 months of inventory in May of 2010.
As a Realtor, we looking at "absorption rates" when working on a marketing plan and most importantly when completing a "comparative market analysis" or "CMA". What is an absorption rate? It is:
  The absorption rate is the rate that the current inventory gets absorbed (or sold) in a given month. A small number tells me that more … (0 comments)

butler pa: Adams Township - Market Update - up to $199,999 - 07/06/10 09:46 AM
Absorption Rate drops to "2 months of inventory"
The absorption rate is what I like to look at to really get a feel for what is going on in the market.  What is the absorption rate? The absorption rate is the rate that the current inventory gets absorbed (or sold) in a given month. A small number tells me that more homes are being sold than going on the market. A larger number tells me that more homes are coming on the market than being sold.
What is happening in Adams Township? Well, it appears that homes under $200,000 are … (0 comments)

butler pa: Cranberry Twp - Market update for Homes priced $200,000 to $399,999 - 06/21/10 08:41 AM
Cranberry Township - Market Update for homes priced $200,000 to $399,999
                                                                                  December 2009 - May 2010
Looking at the market statistics in the $200,000-$400,000 price range, I believe it is a great price range to be in if you are a seller and you are looking to sell your home!
Here are some current statistics to show you why:
The median sale price in this price range for the month of May was $280,000 The "days on the market" for the past 6 months has ranged from 64 to 105. (April averaged 64 days on the market before the … (0 comments)

butler pa: Cranberry Townhship - Now is the time to sell! - 06/21/10 03:52 AM
Cranberry Township .... if you have been thinking of moving,                            now is a great time to sell!
I was working on housing market statistics and found the following information interesting so I thought I would share it!
In Cranberry Township between the periods of Dec 2009 through the end of May 2010 - for homes under $200,000:
The average days on the market ranged from 53 to 101 The average sold to list price ranged from 92% to 97% (92% was in January) The average active "for sale" price is up 2% over the last 6 months The average "sold price" was up … (1 comments)

butler pa: Opportunity is Now Knocking --- First Time Home Buyer Credit - 04/27/09 02:21 PM
On Saturday I attended an event sponsored by the Realtors Association of Metropolitan Pittsburgh. It was entitled "Opportunity is Now Knocking" and was put on in the east, south, west and north of Pittsburgh over the past few weeks.
The main discussion point was:
First Time Home Buyer Tax Credit:
1) Maximum credit amount is $8,000 (10% of sales price not to exceed $8,000)
2) Any single family residence is eligible (including condos, co-ops, townhouses). This residence MUST be used as the principle residence.
3) Income limits:  individuals with adjusted gross income of no more than $75,000 ($150,000 on a joint return)   *** … (0 comments)

butler pa: Butler New Construction Seminar -- ever thought of building a new home? - 04/06/09 08:45 AM
New Construction Seminar
Topics

• Expert discussion on the ABC's of building a new home in today's market
• Discover all the latest financing options available
• Hear the newest innovations and design styles
• Informative Question and Answer Session
• Detailed information on available North new home communities, with
directions to special Open House Tours from 12-4p.m. (optional)
• Refreshments will be served
Everything You
Need to Know
About Buying New!
Saturday, April 18th
10:00a.m.
Prudential Preferred Realty Butler Office

365 Stirling Village, Butler, PA 16001
724-283-0005
Skilled professionals in the home buying and
building industry will be … (4 comments)

 
Barb Averell, I strive to be a trusted real estate adviser (ReMax Real Estate Solutions)

Barb Averell

I strive to be a trusted real estate adviser

Pittsburgh, PA

More about me…

ReMax Real Estate Solutions

Address: 125 Hillvue Ln, Suite 100, Pittsburgh, PA, 15237

Office: 412-536-5258

Mobile: (412) 377-4700

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