At first glance of the quarter stats for RASCA (REAL ESTATE ASSOCIATION of SOUTH CENTRAL ALBERTA) shows a small stumble in February this year. Oddly enough, the same thing happen for the 1st quarter last year in February. The difference this year is we bounced right back to normalized numbers in March. The number of homes sold in Brooks and the County of Newell shows a total of 51 homes sold (an increase of 11% over the same quarter in 2010.)
RMSR (RE/MAX Main Street Realty) was responsible for 56% of all the sales in the City of Brooks. We can also be proud of the fact that our average selling price was just slightly over $10,000 over the rest of the real estate board for the City of Brooks. Also comparing to the average, the RE/MAX agents for the City of Brooks negotiated 1% more (that translates to $2300 on average more in the consumers pocket). Overall with the City of Brooks and the County of Newell properties RMSR sold the homes on average 30 days faster than our competitors (a whole month!!)
These numbers translate into one thing - list with RE/MAX Main Street Realty and you will have the opportunity to sell your home quicker and for more money.
The average sale price in the 1st quarter of 2011 for Brooks and County of Newell in total (data provided by RASCA) was $205,430 (compared to $198,996 for the same quarter last year). Days on market for these 51 properties sold was 111 days and the sellers were negotiating, on average, 5% of the list price.
All indicators seem to point to a strong consistent year. RE/MAX in Brooks, Alberta, feels and practises that the key to selling real estate is and will always be good customer service through education and regular contact. The properties will sell when price is right and when our clients effectively recieve the education on how the market has performed in relation to their property.
I look forward to the next quarter and feel the potential of a great year in respect to real estate.
As always, if any one has any questions or comments about the real estate market in general or how it will relate to them, please never hesitate to contact me.
Brad Stolson
Broker/Owner
http://www.homesbuybrooks.com/
bradstolson@remax.net
403-793-3776 - Direct
RE/MAX Main Street Realty
Brooks, Alberta
