First Quarter 2011
The first quarter of 2011 saw a decrease of 21% compared to the first quarter of 2010.
The average selling price was ten percent lower. Sellers accepted 11% less than they had originally asked.
Traditionally, selling activity increases in the second quarter, and there is no reason not to expect this to happen this year.
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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