Tuesday, February 03, 2015

Look up, it's a Bird, it's a Plane, 

Nope, Neither, but Real Estate sales are looking up.

If you are in the Real estate business nearly ever one  will ask you how are sales . According to the data below, so far this year sales are better than they have been in a long. January sales were the highest since the big meltdown. 

January 2015
Total sales=77
Average sales price=$158,441
Highest priced sale=$600,000

January 2014
Total sales=66
Average sales price=$154,650
Highest priced sale=$470,000

January 2013
Total sales=69
Average sales price=$169,770
Highest priced sale=$$683,000

January 2012
Total sales=46
Average sales price=$139,443
Highest priced sale=$420,000

This is certainly good news and let's hope it is a long term tread. But wait, not all good news. There are still to many Bank owned sales. In fact, they were up by a large percentage over last January. Hopefully this is an anomaly and I will be watching this number closely. Otherwise, looks pretty good. And this is a good news friendly blog so I will leave it at that. 

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