“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

2011 Market Report

As the end of 2011 approaches, I decided to do my year end blog a couple of days early.

The following table shows the year to date sales of real estate by agents during 2010, followed by 2011 figures.

I can't say it was an exciting year, but we did sell afew mor homes, 105 to be exact. Some things also remain relatively constant, the percentage of list to sales price for example.

As it was last year, the biggest factor this year for both selling price and days on the market is single family homes are much more desireable to today's buyer. In past years condos and houses sold at roughly equal numbers, and just a few dollars difference in price per square foot. Days on the market also verify this preference.

2010
Dwelling Type Listings Sold Average Sold Price Sold % of List Price Sold $ Per Square Foot Days on the Market
All 1236 $139,679.00 94.00% $81.12 129
Single Family 725 $127,901.00 94.00% $75.90 115
Condos 501 $80,587.00 93.00% $64.78 154
2011
Dwelling Type Listings Sold Average Sold Price Sold % of List Price Sold $ Per Square Foot Days on the Market
All 1341 $95,148.00 94.00% $59.01 129
Single Family 761 $108,364.00 95.00% $67.55 115
Condos 580 $68,938.00 93.00% $47.84 147
Listings Average List Price $ Per Square Foot Days on the Market
Current Active 690 $108,566.00 $73.33 179
Posted Wednesday Dec 28