Buyers Report 2011-07 Mid Month
Buyer activity, what buyers are looking at, is reflecting the lower number of high end buyers (over$1,000,000) looking so far this month compared to all of July 2010. Perhaps a better figure to compare this month would be the median which is up slightly over 10% when compared to July of 2010 and is also up over June of 2011
The two graphs below represent the average and median price range of homes that potential buyers are looking at on one of my web sites.
Above - To Mid July 2011
You will notice that the average and the median list prices are much closer together this month.
This reflect the lower number of high end (over $1,000,000) buyers looking compared to all of July 2011
Below - All of 2010
Remember The Real Estate Market Is Local And Sometimes Hyper Local
While charts and graphs can give you an indication of market trends they should not be used to determine value trends in relation to a particular home or vicinity. The best way to determine the Value of Your Home is a Comparative Market Analysis. To discuss today's local Uxbridge Real Estate Market Conditions, the current value of your home or the marketing of your Home please give me a Call or Text me
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Kathy Clulow Sales Representative RE/MAX All-Stars Realty Inc.. Brokerage 905.852.6143
Each office independently owned and operated Not intended to solicit clients already under contract
Hi Kathy: I have a site like that too, nice to see what buyers are looking for!
Jane - it's nice for my current and future sellers to see as well