Time for some Real Estate numbers!
September 7, 2018 By Leave a Comment
Let’s talk about the Real Estate Market!
Here are the numbers for July 2018 versus July 2017.
What do we see from these numbers?
When comparing the numbers of both years for July, we can see a decrease of 5.7% in sales compared to last year.
The average days on the market have increased by 38%, from 26 to 36 in 2018.
However, there is a noticeable 6.6% increase in the average sale price.
These recent stats show that we are still in a seller’s market if priced right but the buyers do have a better selection.
As always, any questions, don’t hesitate to ask!
“Tim was great!”
August 25, 2018 By Leave a Comment
“Tim was great!
Once we finally made the decision to list, everything happened according to plan!
It was a simple and quick process and we are very pleased with how everything fell into place!”
~Brian and Meagan Bates
Here are the numbers for June 2018 versus June 2017:
July 24, 2018 By Leave a Comment
What do these numbers mean?
Four things we noticed. There is still a decrease in residential sales compared to June last year, approximately 10.8%.
Residential houses are taking 55% longer to sale than June 2017.
The residential average sale price had a very marginal increase of 0.1% versus last June.
While I don’t add this to my monthly stats, the number of active residential listings increased by approximately 33% compared to last year.
What this means is that it’s still an active sellers’ market, but buyers are having a bigger selection of houses to choose from.
As always, any questions, don’t hesitate to ask!
(click the image to view full size)
(click the image to view full size)
