Archive for June, 2008

List to Sales Price Ratio
June 4, 2008

Many of my clients have been asking me about the list to sales price ratio. We are finding that even in today’s market we are receiving multiple offers on some of our listings. Price and condition are critical.

 

With an eye to the market, Sellers are finding it necessary to make course corrections. As we monitor the other homes that have sold, sellers are adjusting their price position accordingly.

 

Once the appropriate market adjustment has been made, the local market is seeing an average of 94% – 102% list to sales price ratio.

 

Sold By An Angel Real Estate’s current average days on the market for our listings is 38.7.

 

If you or someone you know is considering making a move, please call me at 801-390-8015 and I will be happy to take great care of them!

 

Have a Heavenly Day!

 

Angelina