2008 was
the last great real estate year, sales were abundant and listings would simply
fly off the shelf (so to speak). The
first half of the real estate year posted 179 transactions selling at an
average price of $215,000. There was
little selection and the town was bustling with activity and everyone had a
sense we were growing.
Of course,
everyone is well aware of what happened in the last quarter of 2008. As we settled in for what felt like a long
recession, real estate was looking awfully gloomy. However, the country persevered and for the
most part our little town of Brooks remained quite stable real estate
speaking. The prices stopped rising and
in fact dipped a little, not a lot, but enough for everyone to feel the crunch.
By the same
½ in 2009 there were only 118 transactions with an average sale price of
$206,000.
Fast
forward to 2012 – we have smoked 2008 in almost every aspect of the residential
real estate market. The first ½ stats
have reported 198 transactions with an average sale price of $227,000!!!.
That
translates to 2012 being the best real estate year to date ever!!! Brooks has been becoming more and more stable
over the last 3 years. Stability in real
estate translates into excellent news.
Prices should start to go up and by the looks of some recent sales
happening they have already started to slightly rise.
RE/MAX Main
Street Realty has also battled the currents over the last 4 years and we have been diligently working
hard for all of our clients and increasing our service standard by educating and providing valuable information for all of our clients.
Our hard
work and dedication has paid off for our clients and the homes we have sold for
them.
As of 2008
RE/MAX Main Street Realty had only 47% of the market. Through the last “harder” years we have increased
our market share to 53%. We are also
proud to say through the first 6 months of this year sold our listings 20 days
less than the rest of the board and have sold our homes for $7000 more than the
average. Of course these numbers don’t
sound like much but if you have the opportunity to get more money (like $7000)
and do it quicker (like almost 3 weeks) – wouldn’t that sound like a smart
decision when you’re ready to sell your chunk of real estate?
As always, if you would like to more know about values of your home please never hesitate to contact myself or any member of RE/MAX Main Street Realty.
Brad Stolson
Broker/Owner
