Fourth Quarter 2010
The
fourth quarter of 2010 showed nearly a quarter fewer
transactions than in 2009, but the average closing time was less than a month.
The average sales price increased by 13%. Sellers were quick to negotiate, accepting 12% less than the original listing price.
If you are a buyer, now is the time. If you are a seller, be patient.
As
of this post, there are 16 single family residences on the market,
ranging in list price from $100,000 to $1.99 million. The average list
price is just over $336,000.
If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.
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