If a client is entrusting us with, what is most likely, their largest financial transaction, then I believe we have an obligation to handle it in a professional manner. In my opinion, part of that professionalism is to have a thorough understanding of the market we are serving so we are able to properly educate and counsel our clients.
Here are some local sales statistics from 2009:
*Comparison of Residential Sales (SF 1, SF2, SF3, NC1, NC2, NC3) in Onslow County from Jan – Dec 2008 to Jan – Dec 2009:
Number Sold 2009: 2590
Number Sold 2008: 2433
Increase of 157 or 6.45 %
Avg Sold Price 2009: $176,251
Avg Sold Price 2008: $178,823
Decrease of $2,572 or 1 %
Number of Actives 2009: 5632
Number of Actives 2008: 5220
Increase of 412 or 8 %
Odds of Home Selling 2009: 46 %
Odds of Home Selling 2008: 47 %
Decrease of 1 %
Number of Homes sold non-MLS 2009: 191
Number of Homes sold non-MLS 2008: 200
Decrease of 9 or 4.5 %
Number of REO Homes Listed 2009: 111
Number of REO Homes Listed 2008: 77
Increase of 34 or 44 %
Number of REO Homes Sold 2009: 91
Number of REO Homes Sold 2008: 57
Increase of 34 or 60 %
*2009 Sales Data:
Percentage of REO Properties Listed to Total Listed 2009: 1.97 %
Data compiled by Ken Brandon
Century 21 American Properties, South
*Information obtained from Jacksonville Board of REALTORS MLS.
Tuesday, January 12, 2010
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