Tuesday, January 08, 2013

2013 Starts off with a Bang

The first week of 2013 is about the same as 2012’s first week. Eight properties closed this year and nine closed in 2012. The average sold price for the first week is down about 12%. Properties placed under contract are up almost 100% as the activity from 2012 keeps its momentum going into 2013.


The current inventory of properties under contract is up as well by about 5.5%. Overall the first few moments of 2013 are showing positive signs of, yet another, year of potential improvement in the number of properties selling.

Preliminary numbers for 2012 overall, show a very strong gain in sold properties that, right now, looks like it will be around 17%. The average sold price is basically showing flat with about a 1% countywide improvement. Active properties for sale are down about 15%.

Click on the link below for a full report: