This shifting market...

Real Estate Agent with Keller Williams Realty Mid-Willamette

So I got a little bored today and decided to do some research.  Ok, I admit it, I wasn't bored, I was curious as to what happened last year in my area.  I knew it wouldn't be that hard to figure out, a few strokes of keys and clicks of a mouse in the MLS & viola! I had the numbers I was looking for.  (And to those of you out there that have had a DISC profile done, you would be curious to know that I am a high "I" with an almost non-existant "C". Weird, because I like stats.)  Anyway, here's what I found:

In Albany, Oregon, from 1/1/08-12/31/08 sold statistics are as follows:

1 BR homes: 2
2 BR homes: 61
3 BR homes: 441
4 BR homes: 91
5 BR homes: 21
6+ BR homes: 1
For a total of 617 homes sold.

For that same time period one year before (in 2007):

1 BR homes: 6
2 BR homes: 88
3 BR homes: 625
4 BR homes: 165
5 BR homes: 36
6+ BR homes: 3
For a total of 923 homes sold.

That's a downturn in the market of over a third.  What does that mean for you & me?  It means it's time for a shift.  A shift in mindset, activity, and the way we run our business in general.  We can't expect things to just drop in our laps & come together on their own anymore.  We have to be proactive.  We have to make an effort.  I'd love to see those people who think our jobs are a piece of cake try to do them for us now.  We work hard!  Be proud of it!  Today I had a pre-listing appointment & met with a buyer, but it didn't come from hoping something would happen, it came by WORKING. Well, I'd love to chat some more, but hey, I have phone calls to make...

Kristin D Smith
Keller Williams Realty Mid-Willamette


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Margaret Oscilia
Creative Concepts-Home Staging and Contracting, Salem Oregon - Salem, OR
Home Stager, Salem Oregon

Hi Kristin - Yes - It's not an easy time to be in real estate . . . but it IS a time for opportunities -- a time to improve, grow and make yourself known -- known that you can achieve success in a bad market!  That's something I see in you and your hard work -- and it will pay off for years to come!  Great post!

Jan 06, 2009 10:24 AM #1
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Kristin D. Smith

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