Year End 2011 Market Data

At the end of every year, our Broker Marla always runs the figures for the year to reflect and compare.  It’s been a long year, but one that we can say is improving each day in 2012 already!  Inventory is finally coming down, which will help level out supply and demand and prices seem to be starting to stabilize.  The bulk of the sales last year were under the $300K range, with a decent amount selling between $300-550K.  Most of the homes in the $500K range are homes that were originally on the market for $100-200K higher than sale price!  Interestingly, there were only 3 homes sold between $600K and a Million!  And only 5 that sold over a Million.  Our market has definitely changed from few years ago!  We are looking upwards and ready to see what this spring and summer holds!!

Posted on February 16, 2012 at 11:56 pm
Timmerman Team | Category: Uncategorized

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