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| From Campbell Team Real Estate |
Curious about how the market is doing over last year? Here are the stats for November 2011 vs. November 2010
| 2010 | 2011 | |
|---|---|---|
| Active Current Listings | 5,355 | 4,641 |
| Avg List Price | $180,700 | $180,471 |
| Days on the Market | 73 | 68 |
| List to Sales Price Ratio | 97% | 95% |
| Number of Sales YTD | 8,694 | 8,698 |
As you can see, the number of houses on the market has gone down. The asking price is slightly lower, the time on the market is five days longer and the actual price received as a percent of the list price is lower. The market has slowed down some over this time last year.
Compared to last month, we have more houses on the market and they are listing for more money, though they stayed on the market the same amount of time and still sold for 95% of the asking price.
If you would like to see a graph covering a longer time frame of the market, check out my website to see the last year. If you have any questions or would like a market analysis of your home, please feel free to contact us.