Just a few Stats to compare.

By
Real Estate Agent with Holland Realty L.L.C.

Just thought I would do a little comparison on My local market (Gadsden, AL) over the last 3 months, compared to the same 3 months last year.

8-1-06 - 10-31-06 :   Total Sales          Avg List $          Avg Sold $          Avg DOM 

                                    258               $121,628           $116,262               114

8-1-07 - 10-31-07 :   Total Sales          Avg List $          Avg Sold $          Avg DOM

                                    232               $136,532           $130,410               133

 Percent Change from 2006:

Total Sales: 10.08% (Down)

Avg List $:   10.92% (Up)

Avg Sold $:  10.85% (Up)

Avg DOM:    14.29% (Up)

Stats are for Etowah Co. including Gadsden, AL.

My market is not real big, but there is not a major change from last year. Any thoughts?

Comments (1)

Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
Your days on market are up and number of sales is down against last year. That seems to mirror a national trend. Your prices are up and they are up here too. This shows that certain markets are not expereincing the price decreases that others are. But I think the down sales is a national thing . It is reflecting a correction in the market not a housing crisis. The crisis is the lenders whose inflated bottom line projections have to be adjusted as folks cant go from sub prime to 4 points over prime
Nov 11, 2007 12:53 AM