Coldwell Banker ONE’s monthly business meeting, Feb 2012
Today was our monthly business meeting to discuss and review our MLS (multiple listing service) statistics. Already this year real estate is looking up. According to our MLS the properties sold in the month of Jan 2012 compared to the same in 2011 are up by 11.9%. It also appears that sellers are getting a little more of their asking price. The average list to sales price was 96% for 2011 and this year it is up to 97%. I know it is a bit early to determine that we are seeing a shift from a buyers market to a sellers, but these stats are looking positive. Not only are we seeing an increase of properties selling and those sellers getting more for their homes, but we are seeing the days on the market decrease as well. These are all great signs for our real estate market and most of all, you sellers. Let’s keep it up!