Friday, June 26, 2009

June, June OH June!!

June is always a crazy month for REALTORS and also for anyone with school kids or just basically for most people. I've slacked on my committment of keeping my blogs updated every 2 weeks simply due to June. (It's more of an event than a month in my life).

RE/MAX Main Street Realty participated in the annual event The RELAY for LIFE again this year - last year we raised just about $1000 and this year we raised almost $1300!!

The annual Lawyer/Banker/Accountant/REALTOR golf tournament also took place in the last couple of weeks. I am the proud 2009 winner of the mens shortest drive (6'6").

As for the real estate market it keeps ticking - with or without an economy. RE/MAX Main Street Realty participated in over 68% of the sales from May 20, 2009 to June 26, 2009. In this time frame there were 34 homes that sold in Brooks/County of Newell. (same time period in 2008 there were 36 homes sold).

The average price seems to have dropped to $222,312, which represents a -3% change from the same period last year.

An interesting statistic that I found is the drop in higher priced sales ($300,000+). Since January 1, 2009 there have only been 15 sales of over $300. For the first half of last year in comparison there were 26 sales of over $300. Over 30% of the listings in Brooks are over $300,000 (34 listings). The average list price of the homes over $300,000 this year is $370,000 compared to $358,000 last year. The interesting thing is the average sale price for homes over $300,000 remains the same at $354,000.

What this all means is that people are negotiated a lot more than they used to!! (over 3% more!!)

As usual I just wanted to throw out some statistics and make sure everyone has the opportunity to see what is happening in the Brooks real estate market.

As always if you have any questions, comments, remarks or would like further information please do not ever hesitate to contact me.