In yesterday’s Medians post I forgot to include the price banding breakout for the month. Here is the break out for March sales of site/stick built homes:
| % | sold for less than… |
| 6% | $100,000 |
| 25% | $150,000 |
| 49% | $200,000 |
| 71% | $250,000 |
| 83% | $300,000 |
| 90% | $350,000 |
| 93% | $400,000 |
- 60% of the sales were bank-owned properties
- 17% of the sales were short sales
- and 20% of the sales were “normal” equity sales
Also, for those of you asking about the condo numbers I am working on that and will post soon.
Guy,
Thanks for the breakout.
Just as a matter of information, 93% of homes sold for less than $400,000.
23% of listings (1,512/6,594) are over $400,000.
Reality (still!) hasn’t set in yet.
Off the subject, but would anyone happen to know a good realtor in the Spanish springs area that I could possibly hire ? TIA
Try these guys. I haven’t met Guy or Diane, but I think they sure are professional. I worked with Joanne, and have a high regard for her.
Great advice, EdBear; I couldn’t agree more.