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.

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