MLS Stats Nov. 2011

How many listings currently on market?November 2011: 1537

2011 Solds to date: 2039

2010 solds to date: 2148

How Many Solds are REO?

• Jan 1- November 2010: 404

• Jan 1 –November 2011: 356

Currently 63 homes are REO’s , that’s 4% of the market. This does not include properties classified as short sales.

What price ranges are selling?

2011 ACTIVE/SOLD = Mo. Absorption rate0-50,000: 144 / 318 = 28 a mo or 20% sell50,000-100,000: 518 / 558 = 50 a mo or 10% sell100,000-150,000: 391 / 576= 52 a mo or 13% sell150,000-200,000: 285 / 217= 20 a mo or 7% sell200,000-250,000: 116 / 160= 14 a mo or 12% sell250,000-300,000: 65 / 79= 7 a mo or 11% sell300,000-350,000: 30 / 46= 4 a mo or 13% sell350,000+: 87 / 48= 4 a mo or 5% sell

Where is the “HOT” market?

Area 500 is the only market to have increased sales

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