First Quarter 2011
The first quarter of 2011 saw a decrease of 36% compared to the first quarter of 2010.
Transactions closed more quickly (3 days). The average selling price was up very slightly. Sellers accepted 7% less than they had originally asked.
Traditionally, selling activity increases in the second quarter, and there is no reason not to expect this to happen this year.
If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.
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