| New Listings |
115 |
|
|
| Back on Market |
22 |
|
|
| Price Increases |
0 |
|
|
| Price Reductions |
77 |
|
|
| Pendings |
68 |
|
|
| Solds |
50 |
|
|
| Expireds |
35 |
|
|
| Inactives |
40 |
|
|
Those numbers only reflect a quiet day in the marketplace. We did have nearly 70 homes accepted offer contracts today
Pending: 68
Avg LP: $ 160, 724- this is a higher then avg number then what we have been witness to over the past couple weeks. Especially yesterday.
New Listings 115:
Avg LP: $136,606
Solds: 50
Avg SP: $248,042- That is a high-water mark for certain. A very nice avg SP for a Tuesday! 6 of those 50 closing were over 500k, and 1 was over 1 million. Then followed by 4 in the 400k and 2 over 340k. Combined over 12 million dollars in Real Estate was closed today! Compared to 11 million in the 115 newly listed housing inventory today. That quite the number especially when the volume difference was over double.
Interest rates help firm today and on making that note, it was during my recent trip to Vail, that the conventional interest rate dropped to 4.5% and here we are 1 month later and we had over 12 million in Real Estate close between only 50 homes, a large percentage were of the conventional variety.
