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The Enterprise Market Report Dec. 20, 2012

By
Real Estate Agent with Travis Realty
The Enterprise Market Report Dec. 20, 2012
 

November residential sales were 52 units, down 37% from last month (71 sales)and down 6% from Nov 11 (55 sales). This is the lowest month this year and the lowest November since 2008.

Average selling price ($133,751) is up 5% from last month ($126,616) and down 16% from November 11 ($155,083).

November sales included 13 foreclosures, 25% of the months sales. Average price on foreclosures was $60,360. This year to date sales include 133 foreclosures with average selling price of $73,011. November sales excluding foreclosures were 39 sales with an average selling price of $158,214. You can see what foreclosures are doing to the average selling price.

Our inventory to sales ratio increased from October; we have 18.6 months supply. We have 967 active residential listings.

Ten years ago (Nov 02) the ...

 Click to see the full report
 
Below are highlight properties for The Enterprise Market Report Dec. 20, 2012. See more at the full report:
 
  Photos Maps & Local Schools Enterprise - VIDEO Housing Chart  
 
Status: Active
402 WILDWOOD DRIVE, Enterprise, AL
$219500
4 BEDROOMS
4 BATHROOMS [ 3 FULL, 1 HALF, 0 (3/4th) ]
LISTING MLS ID: 20122540

Status: Active
104 Rachel Drive, Enterprise, AL
$219000
5 BEDROOMS
2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ]
LISTING MLS ID: 20122437

Status: Active
203 Cherry Hill Road, Enterprise, AL
$165000
4 BEDROOMS
4 BATHROOMS [ 3 FULL, 1 HALF, 0 (3/4th) ]
LISTING MLS ID: 20122399

 
See the Full The Enterprise Market Report Dec. 20, 2012
 
 
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Travis Parker
Team Linda Simmons
334-494-7846
Travis@HomeInEnterprise.com
 
Information valid as of December 20, 2012. Please contact us for the most current information and status of these properties.
Posted by

_______________________________

Travis Parker
Associate Broker, Military Relocation Professional
CRS, ABR, MRP, SFR, e-PRO®, BPOR, ACRE

Team Linda Simmons Real Estate, Inc.
1611 E. Park Ave.
Enterprise, AL 36330
334-494-7846 cell
334-347-8441 office
334-347-7653 fax

"follow-me" phone # 70-SOLD-MANN
www.teamlindasimmons.com

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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Travis, good information for those interested in Real Estate in Enterprise, AL!

Jan 04, 2013 05:46 AM
Travis "the SOLD man" Parker; Broker/Owner
Travis Realty - Enterprise, AL
email: Travis@theSOLDman.me / cell: 334-494-7846

Thank you, ma'am!

Jan 04, 2013 05:50 AM
Suesan Jenifer Therriault
JTHIS-Professional Home Inspection Team - Blakeslee, PA
"Inspecting every purchase as if it were my own".

This is good news for our area. Shows things are starting to improve and property value may be on it's way back up. 

Jan 06, 2013 12:32 AM
Roy Kelley
Retired - Gaithersburg, MD

Best wishes for continued success in 2013.  Have an outstanding year.

Jan 07, 2013 10:16 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Travis -- interesting to see the price differential in foreclosed versus standard sales in Enterprise Alabama.  Here's to continued success in 2013.

Jan 21, 2013 05:32 AM
Travis "the SOLD man" Parker; Broker/Owner
Travis Realty - Enterprise, AL
email: Travis@theSOLDman.me / cell: 334-494-7846

Thank you ALL for taking the time to not only read this, but to comment!!

Jan 23, 2013 10:15 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Travis,

It's always good to know that a REALTOR® does a lot more than open doors to show houses or takes pretty pictures. Knowing your market is paramount to the success of anyone selling Real Estate. Obviously, you do your homework and you can illustrate what the current market looks like for your particular area. Whatever the rest of the world is doing is nice to know, but for those who live and work or planning to relocate to your area, this is the type if information that buyers and sellers need to know!

Excellent report!!!

Jan 25, 2013 08:25 AM
Travis "the SOLD man" Parker; Broker/Owner
Travis Realty - Enterprise, AL
email: Travis@theSOLDman.me / cell: 334-494-7846

THANK YOU for the great compliment, Ms. Feager!! Especially coming from someone with YOUR Expertise!

Jan 25, 2013 08:34 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Travis - Wow, with an 18 month supply of inventory now is definitely the time for a home buyers to purchase in your area.

Jan 29, 2013 09:09 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi travis, nice market report and with the inventory so high..a great time for buyers to be calling you to see some of these homes.

Feb 01, 2013 12:24 AM