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 |
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Below are highlight properties for The Enterprise Market Report Dec. 20, 2012. See more at the full report: | ||||||||
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See the Full The Enterprise Market Report Dec. 20, 2012 | ||||||||
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Information valid as of December 20, 2012. Please contact us for the most current information and status of these properties. |
Travis, good information for those interested in Real Estate in Enterprise, AL!
This is good news for our area. Shows things are starting to improve and property value may be on it's way back up.
Hi Travis -- interesting to see the price differential in foreclosed versus standard sales in Enterprise Alabama. Here's to continued success in 2013.
Thank you ALL for taking the time to not only read this, but to comment!!
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!!!
THANK YOU for the great compliment, Ms. Feager!! Especially coming from someone with YOUR Expertise!
Travis - Wow, with an 18 month supply of inventory now is definitely the time for a home buyers to purchase in your area.
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.
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