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One of the most important things to success in todays real estate market is to make sure the price is right. Getting it right the first time can save time and money. This is why I like to look at and analyze the data on sales. Knowing what has been selling, at what price, and how long its been on the market gives me a special insight into the market in Middleton Hills. With this blog I hope to share some of that insight in a way that's easy to understand. Please share your thoughts and comments and always feel free to contact me with any questions.

Tuesday, December 6, 2011

November Home Sales

Only one home sold in Middleton Hills in the month of November.  This is off from last year's two sales.  Some positives to take out of this year are that the sale more closely matched last year's better performing sold home, receiving 91% of the asking price and selling relatively quickly.  However, the total number of sales through November is now 16 and with only one home currently with an accepted offer it looks as if the total my only reach 17.  While this is not too far off from the 20 sales in 2010, it would be the second worst year in a very long time, following the low of 12 in 2009.  Look for a closer analysis of 2011 early next year once the final statistics are in.

Address First
Price
Last
Price
Sold
Price
SP/FP SP/LP Cum.
Days on
Market
# Days
From Last
Price Change
Until Offer
6708 Also Leopold Way 750,000 750,000 680,000 91% 91% 44 44
Average Total $750,000 $750,000 $680,000 91% 91% 44 44

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