Second Quarter 2011
The second quarter of 2011 showed a marked decline in transactions compared to the second quarter of 2010, but remember that there was increased activity last year due to the tax credit.
Nearly a third fewer transactions. Closings nearly two weeks slower.
The average selling price dropped two percent. Sellers accepted 13% less than they had originally asked.
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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