Second Quarter 2011The second quarter of 2011 saw a decrease of 19% compared to the second quarter of 2010.
Transactions closed nearly a month slower. The average selling price was down ten percent. Sellers accepted 10 percent less than they had originally asked.
Last year's second quarter benefited from the tax credit, so it is not surprising that the numbers are down slightly 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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