Are You Ready for 2008? Time to post your Stats!

Great stats and love the graphs, if I can find time in my day today I will work on doin that. Thanks for the idea.

Ardell, you are RIGHT on! This is exactly the kind of info buyers are looking for. You set a great example

Happy Sailing ... _/) Paul - http://www.enewslettersolutions.com/

Heather,

I wrote a post called Making Graphs the Easy Way Like Child's Play to assist Rainers with making graphs.  It's an elementary school online tool.  Good luck with yours!

This kind of market information really does set us apart from all the other agents.  I use it in listing and contract presentations, as well as for blog material. 

Good starts and Graphs I posted same on my county also the numbers are almost the same as the beginning of the year Not Bad

Getting ALL my stats calculated tomorrow!

Thanks for push.

Ardell,

I am working on my MLS stats right now. I told my blog readers I would have it ready in a few days.

I just posted my Wheaton, IL stats.  It seems we had less homes sold, longer listing times and an average increase over 2006 of only $1500. 

I really like the idea of showing closed by month!

Quick question - how much commentary do you usually provide with the stats?

Sherry,

Important thing is to get the active inventory as of today before you lose track.  What we are tracking is absorption rate.  More on that later.  Just be sure to have the active/for sale numbers.  The rest you can get anytime. 

Commentary is not important until we are posting the 2008 trends at the end of each month.  Some commentary is good, but better not to predict forward without some 2008 activity.  End of 1st quarter will be the time for major commentary added to the stats. 

I don't think consumers ever can get enough updates. I just posted a year end review on my main blog (not AR). For 2008, I am going to try to post a market update at least quarterly.  There is so much real estate news floating about the media, but real estate is local and consumers yearn to have the local info.

Geordie,

Can I have a link to that?  Thanks.

Ardell, looks great. You not the graph, well the graph looks great too, but the photo. Ha, been having fun on Inez blog following. Almost as good as twitter tonight.

oh my....I love ur new pic...You are so nicolette sheridan in that pic.

Pouty, sexy----YOU GO GIRL!  So South Beach.

Yes,

want to see Geordie's link too

I'm always doing my market reports...this way I can keep up with the markets in my area and when a call comes in then I have the answer in my head. Nice photo.

Kevin and Ardell-

Here is the link to my Leavenworth real estate review for 2007

No fancy graphics, just easy to understand (I hope) commentary on my local market. "Plain Talk" as Mr. McCain would call it.

(Though it would be fun to post some pie charts with a fake Perot voice over some day..)

Thanks for the link Geordie.  Interesting.  I think if you do monthly sales stats, you may have a different outlook for 2008.  Most areas dropped off dramatically beginning with September closings.  Moreso than usual for the last quarter compared with previous years.  I too think prices may be up with longer days on market in the best of areas, but fewer sales at year end and not the same as 2007, and some areas down in price.

Would love the fake Perot voice...send us a link if you ever make it.  I'm way behind my goals for podcasting.  WAY behind. But I just bought a FlipVideo, so hopefully soon.

Ardell-

I think our slowdown happened pre-September. We are less effected by the credit crunch because so many of our buyers are buying second homes (75% would be my guess in Leavenworth.) These buyers are paying 30%, 50% or more down and often all cash.

Here is the data to support my thoughts.

May-July 2006 52 closed single family homes

a year later .. 39

Sept - October 2006 51 closed sales

2007 36 closed sales.

Thanks for engaging me on this. (you could move this discussion to my blog if you prefer. No need to hijack this discussion.)

Geordie,

I don't comment on blogger blogs very often.  Just my least favorite of platforms and the least comment friendly.  I was going to comment there, and then saw the obstacles to commenting.

Wow- we're off a tangent now aren't we. I'm sorry hear you think blogger is cubersome. I agree it isn't the best platform, but I have had problems posting on some wordpress sites too.  I do review all the posts because of the spam I have gotten in the past. If it's relevent content, I'll post it.

Just my standing policy, Geordie.