I thought you would enjoy some statistics from last year! It has been VERY interesting to see how real estate sales are trending. Right now the inventory is low only 932 residential listings and we as agents are scrambling for good homes to list. Pricing is very important right now! Also, the average list price is $306,065.00 and they are on the market for an average of 194 days. We sold more homes in 2011, in 2011 we sold 2,394 homes and that is up from 1750 in 2010. Although that doesn't mean that the prices are increasing, in fact the average sales price is down from $210,512 in 2010 to $177,727 in 2011. The following are some more statistics by area. Thanks!
Area Listings in 2011 Sold Listings in Average Sales
Active Sold 12/2011 $ in 12/2011
City 94 275 22 $124,935
North 121 297 20 $173,257
Northeast 77 291 20 $155,373
Southeast 45 304 15 $109,922
Redlands 119 248 21 $287,112
Orchard
Mesa 76 217 14 $154,260
Fruita 84 306 29 $212,996
Clifton 48 161 17 $93,515
Palisade/
East OM 33 60 1 $373,600
Our brokers gave us the following statistics in our meeting this week.
Feel free to give me a call, send an email, or a text with any questions. Thanks!Becky Behrens
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