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In today's real estate market it comes down to this, a beauty contest. The homes that look good and are priced right will sell while the homes that are priced high by sellers hoping to get an offer so they can negotiate will continue to sit on the market. Did you know Less than half the properties put on the market ever sell. Most people don't and that is why I am here to help you with your real estate needs.
| Your Real Estate Advisors Market Update | ||||||
| Oct-09 | Oct-10 | % Diff | YTD 2009 | YTD 2010 | % Diff | |
| New Listings | 55 | 47 | -17% | 505 | 488 | -3 |
| Sold Listings | 18 | 13 | -38% | 201 | 208 | 3% |
| Volume of Sold Listings | $1,595,450 | $1,467,918 | -9% | $17,523,507 | $20,324,497 | 14% |
| Average Sales Price | $88,636 | $112,917 | 22% | $87,182 | $97,714 | 11% |
| Average Days on Market | 244 | 107 | -128% | 172 | 173 | 1% |
| List/Sales Price Ratio | 84% | 96% | 13% | 90% | 92% | 2% |
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