Thursday, April 4, 2013

2013 First Quarter Statistics



To date of 2013, RE/MAX Main Street Realty (RMSR), has retained top producing real estate office status with more new listings, more listings actually sold and having the lowest days on market, compared to our competition.  On average in the 1st quarter RMSR has sold 47% of their listings (13% more than their closest competitor) and the more stunning statistic is how much faster we are able to accomplish the sales.

50 Properties have sold in the City of Brooks and County of Newell for the 1st quarter of the year.  70% of those listings sold have been directly in the City of Brooks.  This compares to 90 properties in 2012 (same quarter) and 76% of those listings in the actual City of Brooks.

The average sale price of the Brooks properties sold within this period of 2013 is $248,600.  Again in comparison of the same period in 2012, the average sold price in Brooks was $235,600.

It is certainly apparent that the housing market in Brooks is in a lull.  My theory is weather (its been cold) and with no end in sight to the low interest rates I believe the general public feels no rush to purchase.

We believe that 2013 will be a very strong real estate year and will have some stable increase in overall purchase price.

As always, if you have any questions please never hesitate to contact your RE/MAX Main Street Realty associate to discuss.

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