Statistics as reported by the MidFlorida Listing Service MLS to December 31, 2010
Number of Homes offered for sale: 5
Price range from $129,010 to $209,900
Average price per sq. ft. offered: $90.58
Number of Homes under contract: none
Homes sold from Jan. 1, 2010 to December 31, 2010 : 14
Price range from $120,000 to $214,500
Average price per sq. ft. sold: $95.44
Average price of home sold: $162,024
Average days in the market: 114
Bank owned sold: 6
Short sales sold: 3
For homes sold from January 1, 2009 to December 31, 2009
Number of homes sold: 11
Average price per sq. ft. sold: $105.88
Average price of home sold: $182,409
Average days in the market: 86
Drop in sq. ft. sold in one year: 9.8%
Drop in price of home in one year: 11.2%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales account for 64% of all sales in this past year and are an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Friday, December 31, 2010
Sunday, December 26, 2010
THE SELLING PROCESS
The first and very important step is to ask yourself why you want to sell your present home and gauge the pros and cons of this decision.
If you are moving to another city, Benjamin Urrutia can help you through the network of professional relocation agent find a new home anywhere in or out of the country.
As an initial activity, you may decide to make improvements to your house to increase its value and to make that first favorable impact on potential customers.
The following step is to contact Benjamin Urrutia to make an appointment for a listing presentation and Benjamin will walk you through the following points:
To read the full article click on http://www.benjaminrealtor.com/central/?Selling_Process
THE BUYING PROCESS
This is a brief description of the process and it only purports to show the most important steps.
To start off, you must get familiar with your credit report as it contains part of your credit history and that is going to have an impact on determining if your mortgage is going to get approved and if the interest rate and other terms are going to be favorable to you or not. If you haven't looked at your credit reports, you might be surprised at their contents, because errors are common.
The next step is to find the appropriate lender and the type of loan that best fits your needs. Spend some time finding a lender or a mortgage broker that you feel comfortable with, one that makes you feel confident that understands your personal situation and can assist you ion this important financial decision,
To read the full article click on http://www.benjaminrealtor.com/central/?Buying_Process
Tuesday, December 7, 2010
Updated Statistics to December 7, 2010
Statistics as reported by the MidFlorida Listins Service MLS to November 30, 2010
Number of Homes offered for sale: 4
Price range from $165,000 to $214,900
Average price per sq. ft. offered: $102.34
Number of Homes under contract: none
Homes sold from Dec. 1, 2009 to Nov. 30, 2010 : 15
Price range from $120,000 to $214,500
Average price per sq. ft. sold: $96.06
Average price of home sold: $162,555
Average days in the market: 114
Bank owned sold: 6
Short sales sold: 4
For homes sold from Dec. 1, 2008 to Nov. 30, 2009
Number of homes sold: 10
Average price per sq. ft. sold: $105.99
Average price of home sold: $183,650
Average days in the market: 83
Drop in sq. ft. sold in one year: 9.3%
Drop in price of home in one year: 11.5%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales account for 66% of all sales in this past year and are an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Number of Homes offered for sale: 4
Price range from $165,000 to $214,900
Average price per sq. ft. offered: $102.34
Number of Homes under contract: none
Homes sold from Dec. 1, 2009 to Nov. 30, 2010 : 15
Price range from $120,000 to $214,500
Average price per sq. ft. sold: $96.06
Average price of home sold: $162,555
Average days in the market: 114
Bank owned sold: 6
Short sales sold: 4
For homes sold from Dec. 1, 2008 to Nov. 30, 2009
Number of homes sold: 10
Average price per sq. ft. sold: $105.99
Average price of home sold: $183,650
Average days in the market: 83
Drop in sq. ft. sold in one year: 9.3%
Drop in price of home in one year: 11.5%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales account for 66% of all sales in this past year and are an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Thursday, November 11, 2010
Updated Statistics to November 10, 2010
Statistics as reported by the MidFlorida Listins Service MLS to November 10, 2010
Number of Homes offered for sale: 5
Price range from $165,000 to $224,900
Average price per sq. ft. offered: $105.72
Number of Homes under contract: 3
Price range from $133,000 to $145,000
Average price per foot under contract: $86.81
Homes sold from Nov. 11, 2009 to Nov. 10, 2010 : 15
Price range from $142,000 to $214,500
Average price per sq. ft. sold: $97.39
Average price of home sold: $168,922
For homes sold from Nov. 11, 2008 to Nov. 10, 2009
Number of homes sold: 8
Average price per sq. ft. sold: $107.64
Average price of home sold: $185,438
Drop in sq. ft. sold in one year: 9.5%
Drop in price of home in one year: 8.9%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Number of Homes offered for sale: 5
Price range from $165,000 to $224,900
Average price per sq. ft. offered: $105.72
Number of Homes under contract: 3
Price range from $133,000 to $145,000
Average price per foot under contract: $86.81
Homes sold from Nov. 11, 2009 to Nov. 10, 2010 : 15
Price range from $142,000 to $214,500
Average price per sq. ft. sold: $97.39
Average price of home sold: $168,922
For homes sold from Nov. 11, 2008 to Nov. 10, 2009
Number of homes sold: 8
Average price per sq. ft. sold: $107.64
Average price of home sold: $185,438
Drop in sq. ft. sold in one year: 9.5%
Drop in price of home in one year: 8.9%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Wednesday, October 20, 2010
Updated Statistics to October 15, 2010
Statistics as reported by the MidFlorida Listins Service MLS to October 20, 2010
Number of Homes offered for sale: 5
Price range from $145,000 to $239,500;
Average price per sq. ft. offered: $110.56
Number of Homes under contract: 2
Price range from $133,000 to $143,000
Average price per foot under contract: $86.81
Homes sold from Oct. 16, 2009 to Oct 15, 2010 : 16
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.51
Average price of home sold: $171,802
For homes sold from Oct. 16, 2008 to Oct. 15, 2009
Average price per sq. ft. sold: $108.82
Average price of home sold: $181,214
Drop in sq. ft. sold in one year: 10.4%
Drop in price of home in one year: 5.2%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Number of Homes offered for sale: 5
Price range from $145,000 to $239,500;
Average price per sq. ft. offered: $110.56
Number of Homes under contract: 2
Price range from $133,000 to $143,000
Average price per foot under contract: $86.81
Homes sold from Oct. 16, 2009 to Oct 15, 2010 : 16
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.51
Average price of home sold: $171,802
For homes sold from Oct. 16, 2008 to Oct. 15, 2009
Average price per sq. ft. sold: $108.82
Average price of home sold: $181,214
Drop in sq. ft. sold in one year: 10.4%
Drop in price of home in one year: 5.2%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Tuesday, October 5, 2010
Updated Statistics to Sept 30 2010
Statistics as reported by the MidFlorida Listins Service MLS to Sept. 30, 2010
Number of Homes offered for sale: 6
Price range from $145,000 to $239,500;
Average price per sq. ft. offered: $105.60
Number of Homes under contract: 3
Price range from $133,000 to $184,000
Average price per foot under contract: $91.54
Homes sold from Oct. 1, 2009 to Sept. 30, 2010 : 15
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.27
Average price of home sold: $170,989
For homes sold from Oct. 1, 2008 to Sept. 30, 2009
Average price per sq. ft. sold: $108.82
Average price of home sold: $181,214
Drop in sq. ft. sold in one year: 10.6%
Drop in price of home in one year: 5.6%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Number of Homes offered for sale: 6
Price range from $145,000 to $239,500;
Average price per sq. ft. offered: $105.60
Number of Homes under contract: 3
Price range from $133,000 to $184,000
Average price per foot under contract: $91.54
Homes sold from Oct. 1, 2009 to Sept. 30, 2010 : 15
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.27
Average price of home sold: $170,989
For homes sold from Oct. 1, 2008 to Sept. 30, 2009
Average price per sq. ft. sold: $108.82
Average price of home sold: $181,214
Drop in sq. ft. sold in one year: 10.6%
Drop in price of home in one year: 5.6%
Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. Please feel free to contact me for further details whether selling or buying.
Monday, September 20, 2010
Updated Statistics to Sept 20 2010
Statistics as reported by the MidFlorida Listins Service MLS to Sept. 20, 2010
Number of Homes offered for sale: 7,
Price range from $139,500 to $239,500;
Average price per sq. ft. offered: $105.05
Number of Homes under contract: 3
Price range from $143,000 to $184,000
Average price per foot under contract: $92.22
Homes sold since June 30, 2009: 17
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $98.03
Average price per square foot sold a year ago was $116.01, compared to $96.10 today. It means there is a 17.2% drop in one year. Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. If you wish to know any further details, please contact me whether selling or buying.
Number of Homes offered for sale: 7,
Price range from $139,500 to $239,500;
Average price per sq. ft. offered: $105.05
Number of Homes under contract: 3
Price range from $143,000 to $184,000
Average price per foot under contract: $92.22
Homes sold since June 30, 2009: 17
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $98.03
Average price per square foot sold a year ago was $116.01, compared to $96.10 today. It means there is a 17.2% drop in one year. Prices are in the process of recovering and drops are not as pronounced as previously.
Distressed sales are still an influencing factor in setting market prices. If you wish to know any further details, please contact me whether selling or buying.
Saturday, September 4, 2010
Statistics for the market in Winfield
This is the present real estat status in Winfield:
Statistics as reported in the MidFlorida Listing service (MLS) to September 1, 2010
Number of Homes offered for sale: 6,
Price range from $149,500 to $239,500;
Average price per sq. ft. offered: $108.71
Number of Homes under contract: 4
Price range from $139,000 to $195,000
Average price per foot under contract: $97.34
Homes sold since June 30, 2009: 16
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.66
Prices have been coming down over the past year as in many other places and Winfield is not the exception.
Average price per square foot sold a year ago was $116.01, compared to $97.66 today. It means there is a 15.8% drop in one year. However, the changes have not been so abrupt in the sold prices most recently. It seems that prices are beginning to firm up.
There are three distressed homes in the market and the remaing three being offered as normal sales, that is, offered by their owners through the real estate agents' system. In the last 12 months, sales of distressed homes accounted for 44% of total sales.
If you wish to know any further information, please contact me. I am your neighborhood expert, whether selling or buying.
Benjamin Urrutia
Statistics as reported in the MidFlorida Listing service (MLS) to September 1, 2010
Number of Homes offered for sale: 6,
Price range from $149,500 to $239,500;
Average price per sq. ft. offered: $108.71
Number of Homes under contract: 4
Price range from $139,000 to $195,000
Average price per foot under contract: $97.34
Homes sold since June 30, 2009: 16
Price range from $142,000 to $215,000
Average price per sq. ft. sold: $97.66
Prices have been coming down over the past year as in many other places and Winfield is not the exception.
Average price per square foot sold a year ago was $116.01, compared to $97.66 today. It means there is a 15.8% drop in one year. However, the changes have not been so abrupt in the sold prices most recently. It seems that prices are beginning to firm up.
There are three distressed homes in the market and the remaing three being offered as normal sales, that is, offered by their owners through the real estate agents' system. In the last 12 months, sales of distressed homes accounted for 44% of total sales.
If you wish to know any further information, please contact me. I am your neighborhood expert, whether selling or buying.
Benjamin Urrutia
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