This report pertains to residential homes on less than 10 acres sold for the week of May 18th to May 24th as reported by the Lebanon Board of Realtors MLS.
This week there were 9 homes sold for a total of just under 840K. The average price of these homes was just over 93 thousand and the median price was 105 these homes had an average time on the market of 124 days. There are currently 23 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 117 thousand.
Year to date there have been 130 homes sold, down from last years 148 during the same time frame, the average price is just over
111 thousand dollars compared to last years 94K, the YTD volume of almost 14.5 million is up from last years 13.9 million. Our average time on the market this year has been 120 days, that’s up some from last years 107 day average.
As of this morning there were 313 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 162 with median asking price of just about 136; these homes have an average time on the market of 137 days.
This week I read an article on MSNBC.COM about national housing sales. Numbers for April show a dramatic gain in April in new home sales, but a drastic drop in the median home price. Despite the article’s indication that sales are down in the Midwest by 4 percent Laclede county seems to be having an average year. In Laclede county we have seen total sales down over 10%, but the average price of a home is up more than 15% which has brought up our total volume by 5%. Sometime these numbers are hard to make sense out of but the bottom line is this, yes fewer homes have sold, but those that have sold have sold for more, and buyers, well they are spending more.
Archive for May of 2007
Weekly Market Report 5-25-07
May 25, 2007Weekly Market Report 5-18-07
May 17, 2007
This report pertains to residential homes on less than 10 acres sold for the week of May 11th to May 17th as reported by the Lebanon Board of Realtors MLS.
This week there were 7 homes sold for a total of just under 590K. The average price of these homes was just over 84 thousand and the median price was 87.7 these homes had an average time on the market of 112 days. There are currently 17 homes listed as under contract in the Lebanon MLS and those homes have an average price of just over 118 thousand.
Year to date there have been 120 homes sold, down from last years 133 during the same time frame, the average price is just over
114 thousand dollars compared to last years 92K, the YTD volume of almost 13.7 million is up from last years 12.1 million. Our average time on the market this year has been 120 days, that’s up some from last years 111 day average.
As of this morning there were 313 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 155 with median asking price of just about 135; these homes have an average time on the market of 137 days.
The weather sure has been nice this week, it’s that time of the year people start thinking about their next move. Selling and buying Real Estate is a big deal, having all the information you can is important. Don’t do it alone, the information a REALTOR provides is free and should be without obligation, take advantage of it and ask a REALTOR you trust for guidance and direction. Your most valuable asset is your home, weather buying or selling ask an expert.
This week there were 7 homes sold for a total of just under 590K. The average price of these homes was just over 84 thousand and the median price was 87.7 these homes had an average time on the market of 112 days. There are currently 17 homes listed as under contract in the Lebanon MLS and those homes have an average price of just over 118 thousand.
Year to date there have been 120 homes sold, down from last years 133 during the same time frame, the average price is just over
114 thousand dollars compared to last years 92K, the YTD volume of almost 13.7 million is up from last years 12.1 million. Our average time on the market this year has been 120 days, that’s up some from last years 111 day average.
As of this morning there were 313 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 155 with median asking price of just about 135; these homes have an average time on the market of 137 days.
The weather sure has been nice this week, it’s that time of the year people start thinking about their next move. Selling and buying Real Estate is a big deal, having all the information you can is important. Don’t do it alone, the information a REALTOR provides is free and should be without obligation, take advantage of it and ask a REALTOR you trust for guidance and direction. Your most valuable asset is your home, weather buying or selling ask an expert.
Weekly Market Report 5-11-07
May 12, 2007
This report pertains to residential homes on less than 10 acres sold for the week of May 4th to May 10th as reported by the Lebanon Board of Realtors MLS.
This week there were 4 homes sold for a total of just under 560K. The average price of these homes was just under 140 thousand and the median price was 148k These homes had an average time on the market of 98 days. There are currently 23 homes listed as under contract in the Lebanon MLS and those homes have an average price of just over 105 thousand.
Year to date there have been 110 homes sold, down from last years 128 during the same time frame the average price is just under
116 thousand dollars compared to last years 91K, the YTD volume of almost 12.7 million is up from last years 11.7 million. Our average time on the market this year has been 121 days, that’s up some from last years 110 day average.
As of this morning there were 312 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 154 with median asking price of just about 135; these homes have an average time on the market of 138 days.
This week there were 4 homes sold for a total of just under 560K. The average price of these homes was just under 140 thousand and the median price was 148k These homes had an average time on the market of 98 days. There are currently 23 homes listed as under contract in the Lebanon MLS and those homes have an average price of just over 105 thousand.
Year to date there have been 110 homes sold, down from last years 128 during the same time frame the average price is just under
116 thousand dollars compared to last years 91K, the YTD volume of almost 12.7 million is up from last years 11.7 million. Our average time on the market this year has been 121 days, that’s up some from last years 110 day average.
As of this morning there were 312 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 154 with median asking price of just about 135; these homes have an average time on the market of 138 days.
Weekly Market Report 5-4-07
May 04, 2007
This report pertains to residential homes on less than 10 acres sold for the week of April 27th to May 3rd as reported by the Lebanon Board of Realtors MLS.
This week there were 7 homes sold for a total of just over 1 million. The average price of these homes was over 146 thousand and the median price was 137k These homes had an average time on the market of 147 days. There are currently 25 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 112 thousand.
Year to date there have been 106 homes sold, down from last years 120 during the same time frame the average price is up to over
115 thousand dollars compared to last years 90K, the YTD volume of almost 12.2 million is up from last years 10.8 million. Our average time on the market this year has been 122 days, that’s up some from last years 111 day average.
As of this morning there were 307 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 153 with median asking price of just about 135; these homes have an average time on the market of 136 days.
If you are thinking of selling your home do your research. Ask the agents you interview these questions: What is their list price to sale price ratio? What is their average time on the market? And most important, are they full time, experienced, and willing to make a substantial investment in to marketing your home
This week there were 7 homes sold for a total of just over 1 million. The average price of these homes was over 146 thousand and the median price was 137k These homes had an average time on the market of 147 days. There are currently 25 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 112 thousand.
Year to date there have been 106 homes sold, down from last years 120 during the same time frame the average price is up to over
115 thousand dollars compared to last years 90K, the YTD volume of almost 12.2 million is up from last years 10.8 million. Our average time on the market this year has been 122 days, that’s up some from last years 111 day average.
As of this morning there were 307 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 153 with median asking price of just about 135; these homes have an average time on the market of 136 days.
If you are thinking of selling your home do your research. Ask the agents you interview these questions: What is their list price to sale price ratio? What is their average time on the market? And most important, are they full time, experienced, and willing to make a substantial investment in to marketing your home