Last month I said I would make this month’s Market Watch a comparison of the first six months of 2012 to the first six months of 2013. I knew this would be fun because by every measure, the first six months of 2013 have been better than the first six months of 2012.
- Number of sold homes increased from 2095 units to 2390 units é 14.1%
- Average sales price increased from $125,838 to $131,171 é 4.2%
- Dollar volume of closed sales increased from $262.1 million to $310.8 million
é 18.6% - List price to sale price ratio increased from 95.40% to 96.36% é .96%
- Days on market decreased from 124 to 111 days ê 13 days
Our area’s increase is in line with statewide changes. Nationally we exceeded unit increases and trailed price changes. Statewide unit sales increased 17.8% and the average price increased 4.3%. Nationally unit sales increased 13% and prices jumped 15%.
We are very proud of our performance at F.C. Tucker Emge Realtors through the first six months of the year. As a potential seller you should be very happy to know that our days on market and our list price to sale price are significantly better than our competition. Our days on market for the first six months of this year were 97 days (compared to the market of 111 days) and our list price to sale price ratio for the same period was 97.36%, a full percentage point higher than the competition. This means that on the average transaction at F.C. Tucker Emge Realtors our clients sold their house 12.6% faster and our seller received over $1,600 more for their house than did clients of our competitors.
Enjoy the rest of the summer and please call or email if I can help with your or any of your friends real estate needs. You can reach me on my cell phone 812-499-9234 or email Rolando@RolandoTrentini.com
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