October Statistics

I sat down and figured out our October Sales Statistics for the month of October. We Had 49 properties sell, the gross sales amount in dollars was $7,856,705. Not bad, that is up from 25 sales in the previous month. The Original sales price combined of the sold listings was $8,699,681. The Final listing price was $7,782,207.

That meant that we were doing a better job of listing properties correctly, as the sales price was 89% of the Original Listing price. The Sales price was at 94% of the Final listing price. Our average Days On Market is 169 days, with the shortest time on Market being 16 days.

I know that I should have put this information in a graph form, but I spent a lot more time gathering the data than I had intended and am getting pressed for time before an appointment. I hope that this trend will continue, I think that for at least this month, November, we will see a lot of deals as people were trying to get deals done prior to the end of the stimulus money.

I am hoping that the extension granted will mean that business won't drop off too much during the winter months! I don't know, we normally slow down down during the winter months. Just so that buyers know, it is a great time to buy a home, our inventory is still very good and it isn't too bad to move in the winter, I know we have done it a couple of times.