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Alamogordo NM Sales Figures for August

Every month I do a sales report from our MLS for our office. I report Current # of Listings, Average # of Sales/Month for the last 6 months, List Price to Sales Price %, Avg. DOM, and Absorption Rate. This information is then given to any agents in the office who want to use it for their buyers and sellers. The information lets us know how the market is doing and how it is changing. I use this with my buyers to let them know that sellers are getting 95-97% of their list price. It helps us formulate a good contract to present to the seller. I use it with my sellers to help them see that in order to keep their homes from sitting on the market for months at a time we need to price their home right the first time. It also lets them know what the competition is like.

It takes a little time to compose all the numbers but it seems to be appreciated in the office, and that's what makes it so great to be woking here at ERA Simmons Real Estate, the teamwork!

Posted Monday Aug 03