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Centreville Stats

Centreville Stats

I track our local real estate market in several different ways. I pull up weekly and monthly stats in every category to look for trends and give my clients every advantage in the marketplace. Here is a spreadsheet I use religiously. It is a monthly breakdown of activity in a variety of different categories. (i.e. Condos, 2BR Townhomes, Garage Townhomes, etc.) The first row is the total number of available properties that meet that category's requirement on the last day of the month. The next row is the number that are currently available that are in foreclosure or short sale status. The first row of available properties includes this number. We want there to be a lower number/percentage of foreclosure properties available. The third row is the average list price of the available properties. The fourth row is the number of new listings in that category for that month. The fifth row is the average LIST price (not under contract price) of the properties that have come under contract. The next row is the number that have come under contract that month. The following line is the number of homes that were distressed homes (foreclosures and short sales) that came under contract that month. Keep in mind that this number is included in the number that came under contract. Then we have the average days on the market for the properties that came under contract. Under that we have the average sales price of the properties that have settled for the month. Keep in mind that these properties came under contract in previous months so the price reflects the market 30-90 days prior. 

This spreadsheet tracks all of the different categories of business in Centreville and includes all of 20120 and 20121 only. It gives you a good idea of monthly activity. 

I track our local real estate market in several different ways. I pull up weekly andmonthlystats in every category to look for trends and give my clients every advantage in the marketplace. Here is a spreadsheet I use religiously. It is a monthly breakdown of activity in a variety of different categories. (i.e. Condos, 2BR Townhomes, Garage Townhomes, etc.) 

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The first row is the total number of available properties that meet that category's requirement on the last day of the month. The next row is the number that are currently available that are in foreclosure or short sale status. The first row of available properties includes this number. We want there to be a lower number/percentage of foreclosure properties available. The third row is the average LIST price of new listings that came on the market for the month. The fourth row is the number of new listings in that category for that month. The fifth row is the average LIST price (not under contract price) of the properties that have come under contract. The next row is the number that have come under contract that month. The following line is the number of homes that were distressed homes (foreclosures and short sales) that came under contract that month. Keep in mind that this number is included in the number that came under contract.

Then we have the average days on the market for the properties that came under contract. Under that, we have the average sales price of the properties that have settled for the month. Keep in mind that these properties came under contract in previous months so the price reflects the market 30-90 days prior. 

This spreadsheet tracks all of the different categories of business in Centreville and includes all of 20120 and 20121 only. It gives you a good idea of monthly activity. 


These are the most recent homes that have gone under contract. These are the best indicators of what list price activity will be. This figure is more accurate than comparable data from 6 months ago.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This is the amount of time that a property has been on the market in the MLS Days on Market is an important number to understand. On an individual listing it lets you know just how long a property has been listed. Many buyers feel that is an indicator of a seller’s willingness to make a deal as the longer they have been on the market the more motivated they become. That may be true in some cases, but not all.

This figure is the difference between the List Price of a home and the Sales Price. The graph shows the difference. It’s important to look at this number so you can determine what the averages are in the area to apply them to your home when pricing it for sale.



CLICK HERE FOR 2016 CENTREVILLE STATS
CLICK HERE FOR 2015 CENTREVILLE STATS
CLICK HERE FOR 2014 CENTREVILLE STATS
CLICK HERE FOR 2013 CENTREVILLE STATS
CLICK HERE FOR 2012 CENTREVILLE STATS
CLICK HERE FOR 2011 CENTREVILLE STATS
CLICK HERE FOR 2010 CENTREVILLE STATS
CLICK HERE FOR 2009 CENTREVILLE STATS
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