For the week of October 6th to October 13th 2011
Previous weeks stats in brackets
New Listings: 368 (414, 369, 371)
Sold: 116 (128, 127, 122)
Sale to List Ratio: 32% (31%34%, 33%)
Expired/Cancelled/Withdrawn: 145 (343, 113, 133)
Active Single Family Home: 3011 (3004,3126,3108)
Average Single Family Home List Price: $287,019 ($256,696, $272,161, $274,686)
Average Single Family Home Selling Price: $274,126 ($247,369, $265,584, $264, 723)
Average Days on Market - Single Family Home: 91 (89, 108, 96)
Active Condos: 333 (341, 375, 380)
Average Condo Listing Price: $247,426 ($238,343, $305,329, $251,913)
Average Condo Selling Price: $240,294 ($230,743, $298,670, $242,846)
Average Days on Market - Condos: 138 (45, 288, 124)
Business as usual this week as the market continues its slow dissolve into the fall trend. Properties are actively selling and some inventory was actually added this week showing the stretching out of the fall market. Stay tuned to the blog as I have some cutting edge innovations and ideas that will be the wave of the future for Real Estate marketing. Ever hear of a Virtual Open House? How about a Conduit Showing? Just some of the things I have developed in the quest to offer my clients the best variety of services out there!
Make sure to follow me on Twitter and Check out my Facebook Pages. Take a look at My Rum Point Website to see an example of my listing service. (Its also a beautiful place to build on these estate lots).
Feel free to leave comments or questions!
Jeremiah Wallace, CD
Jeremiah has been involved with many aspects of the Real Estate industry for over twelve years. This includes construction, residential renovations, interior design, and investing in various income generating property products..
Photo's by Jeremiah