Weston Real Estate Single Family Homes Sales 1st Quarter 2009
April 10th, 2009 categories: Great Deals, Market Update, Tips For Buyers, Tips for Sellers
In Broward the Future Looks Bright!
Compared to the same period 12 months ago the number of sales have increased almost 50% and inventories have been decreasing steadily.
In Weston the Market is Changing Very Fast!
The Inventories have decreased and pending sales are increasing at a rapid pace.
As the Real Estate Market changes it’s very interesting to look at the comparison between the price properties were listed at and the actual price they sold.
When looking in detail at the List-to-Sale ratio I found an interesting difference between the ratio for regular sales, short sales and foreclosures. Motivation seems to be the key to pricing!
“92.53% Average List-to-Sale Ratio for Regular Sales
“95.19% Average List-to-Sale Ratio for Short Sales
“94.91% Average List-to-Sale Ratio for Foreclosure Sales
I can conclude that as we have been experiencing in the last months…Buyers are looking for bargains and apparently they feel prices are as low as they are going to get and the properties priced appropriately are getting those buyers.
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Hi, I don’t know anything about precious metals…I googled the words precious metals blogs and there are many of them. They are not all updated but I am sure you will find some that are. Good Luck!!!!
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