Hello All!
I have about 20 minutes before a meeting, so I thought I would post the May Housing stats
for POWAY for DETACHED HOMES!
The Number of SOLD homes was 28
Average SOLD Price was $609,122
The MEDIAN SOLD Price $535,000
The Number of homes on market 169
New Listings in May 48
Number of homes under contract 35
Please feel free to contact me if you are thinking of buying or selling a home in Poway. I want to give you up to the minute information, along with a Custom Market Plan that will help you stay ahead of the curve!
Gerard (G-Man)
Stats are from Sandicor Tempo 5 for homes Listed on the MLS
Hello All!
I have about 20 minutes before a meeting, so I thought I would post the May Housing stats
for POWAY for DETACHED HOMES!
The Number of SOLD homes was 28
Average SOLD Price was $609,122
The MEDIAN SOLD Price $535,000
The Number of homes on market 169
New Listings in May 48
Number of homes under contract 35
Please feel free to contact me if you are thinking of buying or selling a home in Poway. I want to give you up to the minute information, along with a Custom Market Plan that will help you stay ahead of the curve!
Gerard (G-Man)
Stats are from Sandicor Tempo 5 for homes Listed on the MLS
Hello Everyone
I am just writing to tell you that I need to get more clarification on the statistics I am providing you.
We recently changed over our MLS system and in the process it is causing lots of angst, irritation, and incorrect data. So while I said I would have more stats today, when I went to compare April stats from the old system with April stats from the new system. I noticed small but different results. Until this is cleared up, I am going to hold off on giving out stats from the Sandicor MLS system called Tempo 5.
Instead I will get clarification on the discrepencies and when I am satisfied, then I will provide you with the info.
In the mean time, I will gather for you information about Scripps Ranch, Mira Mesa, Rancho Penasquitos and Poway. Plus anytime you like, you can visit my website and click on community links and see what are some of the upcoming events. go to http://Go4Gman.com and check it out.
Gerard (G-Man)
Hello All!
I just wanted to share with you the stats for Single Family Detached Homes in Poway (92064) for the month of April and March 2008.
I first want to say, that you will see why I want to give both the Median Price home sale and the Average. For Poway these last 2 months, you will see a huge difference in the numbers. That is because the average is the sum of all the homes sale price divided by the number of homes. The Median price (which in my opinion is used too much in newspaper stories) is simply the middle price in the list. So for example if you had 3 homes that sold and one was $200,000 another $300,000 and another $1,000,000 the Median Price would be $300,000 but the average would be $500,000. Keep that in mind whenever you are looking at newspaper reports. What are they reporting.
Anyway, here is Aprils stats for Poway:
There were 74 New Listings in Poway with an average list price of $995,188 and a median list price of $599,950 in the month of April. Sold homes numbered 33 in April with an average sold price of $850,381 and a median sales price of $470,000. The average Days on market for a home was 62 with about a 3 months inventory supply.
For the month of March the stats for the City of Poway are:
59 New listings of single family detached homes with an average list price of $1,054,113 and a median list price of $798,572. The Sold homes numbered 19 with an average sold price of $840,538 and a median sales price of $552,962. The averaged days on market for a home was 79 days with about a 5 month inventory supply.
So, as you can see, like I pointed out in my last post on Scripps Ranch, If you are comparing from last year, one could see a bleak picture, but if you compare for how the market as already gone down, then in the change from March to April, we see the market starting to REBOUND!
Sold homes increased from 19 in March to 33 in April. Inventory of homes on the market decreased from a 5 months inventory in March of homes for sale to only a 3 month inventory of homes for sale in April.
Buyers are starting to buy, the market has hit bottom, and buyers coming out are showing that they are now willing to buy at these prices. The more buyers that come out, the sooner, that the market goes from stable to rising. So now that we see hope that we have stopped the downward cycle and are at the bottom what comes next is a flurry of buyers, that spur the market, and eventually the upturn side of the cycle returns!
Stat source Sandicor.
Opinion Expressed is Soley Gerard Maher REALTOR (G-Man) Please feel free to share your thoughts and comments on the market with me.
Hello All, Just wanted to wish you all a safe memorial weekend. Be careful driving and stay safe while you get together with friends and family over this weekend. Please remember to say thanks to all the Service men and women who protect our liberties, and try to remember the awesome sacrifices that some have given for us to live in a free country. I salute all who have ever put themselves in harm's way for our way of life and pray that all our service men and women are safe and get home safely.
Residential real estate for Biloxi,Gulfport,Long Beach, Ocean Springs, Pass Christian,Diamondhead and Bay St. Louis,MS. Specializing in Homes, Condos, Investments, Foreclosures, Short Sales.
Why choose Gerard Maher?
More About Gerard Maher
CALL G-MAN
Gerard Maher (G-man) has been a REALTOR since 1998. Starting on the Gulf Coast of Mississippi, he specialized in New Home Sales for a top 100 Builder and then opened his own real estate company called Gulf Coast Realty!
Gerard is a Certified Residential Specialist (CRS) and has
served on the Board of Directors for the Gulf Coast Association of REALTORS (GCAR). In addition, he graduated from the Coast REALTOR Leadership program (CRL) and later served as Chairman. Gerard was an instructor at The Real Estate Training Institute teaching classes to both brokers and agents.
He's an E-Pro agent with the National Association of REALTORS, Gerard believes in giving not just service but WOW Service beyond all expectations
WOW SERVICE
Wow Service, is the ability to supply you with exceptional service. All agents should provide their clients with the ability to market, the ability to negotiate, and the ability to provide competent guidance and assistance in the real estate transaction.
Gerard believes in constantly learning, updating and refining his skills to give you not just any service, but WOW Service that goes beyond your expectations. Service that will make you stop and tell your friends that you feel confident and relaxed with knowledge- that you are in the hands of a very professional, competent agent. Wow Service believes in making your real estate transaction as smooth and easy as possible, so you will be happy to refer Gerard to friends, family and co-workers.
INTERVIEW ME
You're the Boss! So go ahead and interview me for the position of your agent. In fact, I will go one step further. Interview 2 or 3 other agents in the area. I welcome comparing what I can offer, to what they can offer, because I am confident that no one can give you better or more complete service than my WOW Service and Gulf Coast Realty's outstanding support programs for real estate. I am convinced, once you interview me, and compare my knowledge, experience, and programs with any other agent, you will choose me. So future boss, go ahead and do your homework, then give me a call.
NOT READY?
Not ready yet to do anything? I can understand that, so if you're not ready, you can still call me and get a feel for the market. I will respect your time frame, and not put pressure on you. But I can still be a valuable tool, to let you know what is going on in the market, and keep you up to date by email, or phone if you prefer. So give me a call or shoot me an email and I will keep you informed with no obligation or cost. Doesn't that sound easy?
TESTIMONIALS FROM PAST CLIENTS
•1) I was a first time home buyer, Gerard took me step by step, went over every detail. It was a very comfortable experience. There was never any pressure, in fact having Gerard was definitely the RIGHT move!- Rick
•2) Gerard found us exactly what we were looking for. He was speedy, professional & determined to find us our non conventional home. Anybody would be please to have him working for them.- Brooke & Robert
•3) You beat the competition and sold our home! Your professionalism, expertise and marketing approach, " 30 Steps to SOLD" is what sold us and we were impressed. Gerard doesn't just collect listings, he services what he lists! Thanks Gerard- Joseph
•4) You were the Best! We will use you and tell everyone they should use you-Cindy
•5) We were not familiar with the area, but Gerard patiently worked with us, made us feel comfortable and never put pressure on us to buy now. It took us close to 9 months, but we are happy with our home. Gerard was a great asset to us- Jenny & Bill
•6) If you want your home sold, and want to know what is going on, then Gerard is the man for you. He kept us updated, told us what was happening not just with our property, but the properties around us that were selling too. He let us make the decisions, but he showed us the way he would go, and we appreciated his candor and vast knowledge and his strategy. We have sold homes in the past, but this young man is on the ball.- Keith & Irma
•7) We really liked working with Gerard. He is Very professional, and put us at ease on something that was stressing us. He gets my vote as a super agent!- Evelyn
•8) We were delighted to have Gerard as our agent. I highly recommend him, and I've already told my neighbors to call him when they are ready- Jean
•9) Our uncle is an agent, and he had our home on the market for 6 months and it never sold, Gerard had sold our next door neighbors house in like 4 weeks, so when we could we switched to Gerard and don't you know...our home sold in 4 weeks with him. Use Gerard if you want your home sold- Ken & Marge
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