South Walton Real Estate Sales — May 2009
Tags may 2009, real estate, sales, summary
Whether you are looking to buy, or sell, real estate, you need a knowledgeable Realtor who knows the local market, but who also keeps a pulse on the market. What’s selling? What’s not selling? When you decide to work with a Realtor, I sincerely hope that you will select me to assist you with your real estate needs. I build my business, one customer at a time.
Homes Outpace Other Categories for May 2009
Sales reports for May 2009 show Homes outselling Town Homes, Condos, and Residential Lots for South Walton. The graph above compares April to May, and shows that sales (dollar volume) were off slightly, except for Condos, which have seen five consecutive months of increases in total sales volume. Overall, inventory has continued to decrease slightly for the last two years. Along with that decrease, we have also seen a downward trend in median price over the last 24 months.
Residential Lots - 75% were Cash Sales
Detached Homes - 29% were Cash Sales
On average, sales price of Homes, Town Homes, and Condos, was 81% of the list price. However, remember that the better-priced property owners are less willing to negotiate because some demand is present. While these better-priced property owners may be a little tighter on their selling price, some of the over-priced property owners are much more willing to negotiate price. Don’t take the average sales “discount” price to base your offer price, because each listing is unique, as is each seller.
Homes Outpace Other Categories for May 2009
Sales reports for May 2009 show Homes outselling Town Homes, Condos, and Residential Lots for South Walton. The graph above compares April to May, and shows that sales (dollar volume) were off slightly, except for Condos, which have seen five consecutive months of increases in total sales volume. Overall, inventory has continued to decrease slightly for the last two years. Along with that decrease, we have also seen a downward trend in median price over the last 24 months.
See Attached pdf file for graphs and more information
Residential Lots - 75% were Cash Sales
Detached Homes - 29% were Cash Sales
On average, sales price of Homes, Town Homes, and Condos, was 81% of the list price. However, remember that the better-priced property owners are less willing to negotiate because some demand is present. While these better-priced property owners may be a little tighter on their selling price, some of the over-priced property owners are much more willing to negotiate price. Don’t take the average sales “discount” price to base your offer price, because each listing is unique, as is each seller.
The sales data in my report is primarily compiled from Emerald Coast Association of Realtors and thought to be reliable, but not guaranteed.
Murray Balkcom, Realtor, GRI
Shaping the Earth!
dreamBIGproperties.com
If you wish to receive my real estate sales updates for South Walton, which includes more detailed information, including easy to read graphs to get at-a-glance updates, please send me a request by email to murraybalkcom@yahoo.com
If you wish to receive my real estate sales updates for South Walton, which includes more detailed information, including easy to read graphs to get at-a-glance updates, please send me a request by email to murraybalkcom@yahoo.com
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