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Michael Lange, CNE, e-Pro, GRI and Cheron Lange, GRI

Let Our Family Help Yours - Newsletter June 2009


Hello Client or Prospective Seller,

Although selling your home is very exciting, it also involves a ton of work. Major decisions need to be made, including whether to sell your home on your own or to hire a real estate agent.

The main advantage of selling your own home is saving commissions charged by an agent. However, this means that you are responsible for everything, including advertising and showing your home to prospective buyers, which can be a very stressful and time-consuming process.

A professional real estate agent is able to assist you in making the right decision and provide you insight on such items as:

  • The right means to market your home
  • Determining a fair selling price
  • Determining qualified buyers for your home
  • Tips on making your home more appealing to buyers
  • Referring you to qualified professionals (insurance, mortgage, lawyers, etc)
  • Successfully negotiating a fair price with prospective buyers

My goal is to make you feel comfortable and confident throughout the entire selling process. As you prepare for the sale of your home, let me assist you. I look forward to hearing from you soon.

Michael K. Lange
Realtor®, CNE, e-PRO, GRI
Office: 480-948-0550 x3115
Cell: 480-319-1000

Cheron Lange
Realtor®
Cell: 480-707-9700

Email Us
Visit Our Website

Copyright © 2009 Michael K. Lange. All rights reserved.

Wordless Wednesday...WildLife Zoo

A couple of weeks ago, my husband and I ventured with the kids to the Wildlife Zoo on the other side of Phoenix. Life is good through the eyes of your little ones!

Cheron Lange

You're Neighborhood Realtor© We proudly serve and sell Real Estate in all and around Phoenix, Arizona. If you are thinking about purchasing and selling your home in Phoenix, Chandler, Gilbert, Scottsdale, Tempe, Mesa, Fountain Hills, Paradise Valley and Queen Creek or other surrounding areas, and most importantly would like to work with a local expert... "Let Our Family Help Yours!"

Michael & Cheron Lange

Realtors© - John Hall & Associates

480-319-1000

Michael@lofhy.com

Cheron@lofhy.com

Copyright© 2009 Michael & Cheron Lange

Photos taken by Michael K. Lange, Photographer...in the making.

All Rights Reserved and may not be reproduced without express written permission. Permission is usually granted if credit is given with a link back to us.

Thank you for being understanding!

Grand Canyon...I seem to be wordless everyday...

Just another gorgeous picture of the Grand Canyon...

Cheron Lange

You're Neighborhood Realtor© We proudly serve and sell Real Estate in all and around Phoenix, Arizona. If you are thinking about purchasing and selling your home in Phoenix, Chandler, Gilbert, Scottsdale, Tempe, Mesa, Fountain Hills, Paradise Valley and Queen Creek or other surrounding areas, and most importantly would like to work with a local expert… "Let Our Family Help Yours!"

Michael & Cheron Lange

Realtors© - John Hall & Associates

480-319-1000

Michael@lofhy.com

Cheron@lofhy.com

Copyright© 2009 Michael & Cheron Lange

May 2009 – Market Statistics – Zip Code 85286

 

Active Listings

Month

Count

Median Price

DOM

Absorption

Months Supply

5/2008

400

$329,950

66

17.08

(4.27 %)

23.4

6/2008

402

$329,900

76

21.5

(5.35 %)

18.7

7/2008

383

$330,000

78

26.33

(6.88 %)

14.5

8/2008

383

$315,000

77

30.17

(7.88 %)

12.7

9/2008

398

$315,000

74

32.33

(8.12 %)

12.3

10/2008

397

$310,000

80

34.67

(8.73 %)

11.5

11/2008

381

$309,000

83

36

(9.45 %)

10.6

12/2008

376

$299,900

90

37.25

(9.91 %)

10.1

1/2009

401

$279,000

76

38.83

(9.68 %)

10.3

2/2009

406

$274,638

81

41.75

(10.28 %)

9.7

3/2009

444

$272,000

74

44.33

(9.98 %)

10

4/2009

384

$274,700

87

44.58

(11.61 %)

8.6

Notes:
DOM: Median Days On Market
Months Supply: The number of months it would take to clear the market if no more houses were listed based on a 12-month rolling average of sales rates
Absorption: Average number of properties sold per month based on 12-month rolling average, both as count and percent of active supply

 

© iMapp, Inc, 2009 | Information is believed accurate but not guaranteed. Buyer to verify all information.

 

 

 

 

New Listings

Sold Listings

 

Month

Count

Median Price

Count

Median Price

DOM

New : Sold

5/2008

97

$325,000

43

$285,000

54

2.26

6/2008

85

$280,000

53

$280,000

58

1.6

7/2008

74

$329,250

58

$274,950

53

1.28

8/2008

107

$289,900

48

$245,000

54

2.23

9/2008

95

$289,900

31

$287,500

32

3.06

10/2008

84

$302,450

37

$270,000

50

2.27

11/2008

75

$289,900

33

$260,000

64

2.27

12/2008

73

$253,000

33

$311,000

70

2.21

1/2009

101

$255,000

32

$260,750

66

3.16

2/2009

70

$247,500

43

$234,900

61

1.63

3/2009

119

$263,000

55

$260,000

60

2.16

4/2009

55

$259,900

35

$260,370

78

1.57

Notes:

 

© iMapp, Inc, 2009 | Information is believed accurate but not guaranteed. Buyer to verify all information.

  

 

 

 

 

Sold Listings

Non-MLS Sold Properties

Month

Count

Median Price

DOM

Count

Median Price

5/2008

43

$285,000

54

0

-n/a-

6/2008

53

$280,000

58

0

-n/a-

7/2008

58

$274,950

53

0

-n/a-

8/2008

48

$245,000

54

0

-n/a-

9/2008

31

$287,500

32

40

$295,978

10/2008

37

$270,000

50

0

-n/a-

11/2008

33

$260,000

64

0

-n/a-

12/2008

33

$311,000

70

38

$283,000

1/2009

32

$260,750

66

0

-n/a-

2/2009

43

$234,900

61

0

-n/a-

3/2009

55

$260,000

60

0

-n/a-

4/2009

35

$260,370

78

0

-n/a-

Notes:
DOM: Median Days On Market

© iMapp, Inc, 2009 | Information is believed accurate but not guaranteed. Buyer to verify all information.

 

 

 

Sold Listings

Month

Count

Median Price

DOM

5/2008

43

$285,000

54

6/2008

53

$280,000

58

7/2008

58

$274,950

53

8/2008

48

$245,000

54

9/2008

31

$287,500

32

10/2008

37

$270,000

50

11/2008

33

$260,000

64

12/2008

33

$311,000

70

1/2009

32

$260,750

66

2/2009

43

$234,900

61

3/2009

55

$260,000

60

4/2009

35

$260,370

78

Notes:
DOM: Median Days On Market

 

© iMapp, Inc, 2009 | Information is believed accurate but not guaranteed. Buyer to verify all information.

Cheron Lange You're Neighborhood Realtor© We proudly serve and sell Real Estate in all and around Phoenix, Arizona. If you are thinking about purchasing and selling your home in Phoenix, Chandler, Gilbert, Scottsdale, Tempe, Mesa, Fountain Hills, Paradise Valley and Queen Creek or other surrounding areas, and most importantly would like to work with a local expert… "Let Our Family Help Yours!" Michael & Cheron Lange Realtors© - John Hall & Associates 480-319-1000 Michael@lofhy.com Cheron@lofhy.com Copyright© 2009 Michael & Cheron Lang

Nature at it's Best!

Oh...It's Monday and hard to get back to the bump and grind! We spent the weekend up near the Grand Canyon and what a beautiful sight it was seeing it through the eyes of my two kids who saw it for the first time!

Cheron Lange

You're Neighborhood Realtor© We proudly serve and sell Real Estate in all and around Phoenix, Arizona. If you are thinking about purchasing and selling your home in Phoenix, Chandler, Gilbert, Scottsdale, Tempe, Mesa, Fountain Hills, Paradise Valley and Queen Creek or other surrounding areas, and most importantly would like to work with a local expert… "Let Our Family Help Yours!"

Michael & Cheron Lange

Realtors© - John Hall & Associates

480-319-1000

Michael@lofhy.com

Cheron@lofhy.com

Copyright© 2009 Michael & Cheron Lange