This report pertains to residential homes on less than 10 acres sold for the week of June 22nd to June 28th as reported by the Lebanon Board of Realtors MLS.
This week there were 4 homes sold for a total of just over 500k. The average price of these homes was almost 125 thousand and the median price at 114.5 these homes had an average time on the market of 65 days. There are currently 17 homes listed as under contract in the Lebanon MLS and those homes have an average price of 169 thousand.
Year to date there have been 159 homes sold, down from last years 193 during the same time frame, the average price is just over
111 thousand dollars compared to last years 99K; the YTD volume of 17.7 million is under last years 19 million. Our average time on the market this year has been 124 days, that’s up some from last years 109 day average.
As of this morning there were 339 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 157 with median asking price of just about 136; these homes have an average time on the market of 132 days.
If you are considering buying a home in the near future here are some great tips from our web site to consider.
Get pre approved for a home loan. That’s the only way to know for sure what you can afford to buy, and that will prevent you from falling in love with a house you can’t afford. When you choose a lender choose a local one. There are a lot of ads lately from companies advertising terms that sound too good to be true, most likely they are. In many cases I have seen buyers use these out of town lenders only to get to closing and find out the terms are not what they were told, and by that time it’s too late. With a local lender you have a person here in town who will be accountable. All lenders should provide you with a written good faith estimate when you apply for the loan. Local lenders are capable of getting you a loan as good as any so shop around or ask your friends, family, or realtor for a recommendation.
Archive for June of 2007
Weekly Market Report 6-29-07
June 29, 2007Weekly Market Report 6-22-07
June 22, 2007
This report pertains to residential homes on less than 10 acres sold for the week of June 15th to June 21st as reported by the Lebanon Board of Realtors MLS.
This week there were 6 homes sold for a total of just over 579k. The average price of these homes was almost 97 thousand and the median price at 96 these homes had an average time on the market of 157 days. There are currently 21 homes listed as under contract in the Lebanon MLS and those homes have an average price of 147 thousand.
Year to date there have been 152 homes sold, down from last years 188 during the same time frame, the average price is just over
110 thousand dollars compared to last years 98K; the YTD volume of 16.7 million is under last years 18.5 million. Our average time on the market this year has been 122 days, that’s up some from last years 108 day average.
As of this morning there were 328 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 162 with median asking price of just about 138; these homes have an average time on the market of 136 days.
If you are considering selling your home in the near future here are some great tips from our web site to consider.
When you get ready to hire an agent, make sure you talk to several before making your final decision. If one agent thinks your house can sell fo $20,000 more than the others, stay clear. More than likely, that agent just wants your business, will wait a few months for the house not to sell, then, convince you to lower the asking price to what you probably should have asked for in the first place.
Make sure your seller's agent is working with a realistic figure. If they have the home overpriced, it won't sell.
If you are working with an agent that has a bad reputation, you could have trouble selling your home. Just as with any industry, agents communicate and network. Therefore, if there is one agent causing problems, others will stay as far away as possible. That means if your home is listed with the "bad" agent, other agents are less likely to show your home to their buyers. This is why it's so important to do your homework at the beginning and find a good, reputable agent. Be sure and visit our web site at lebanonrealtyx.com for more great seller tips.
This week there were 6 homes sold for a total of just over 579k. The average price of these homes was almost 97 thousand and the median price at 96 these homes had an average time on the market of 157 days. There are currently 21 homes listed as under contract in the Lebanon MLS and those homes have an average price of 147 thousand.
Year to date there have been 152 homes sold, down from last years 188 during the same time frame, the average price is just over
110 thousand dollars compared to last years 98K; the YTD volume of 16.7 million is under last years 18.5 million. Our average time on the market this year has been 122 days, that’s up some from last years 108 day average.
As of this morning there were 328 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 162 with median asking price of just about 138; these homes have an average time on the market of 136 days.
If you are considering selling your home in the near future here are some great tips from our web site to consider.
When you get ready to hire an agent, make sure you talk to several before making your final decision. If one agent thinks your house can sell fo $20,000 more than the others, stay clear. More than likely, that agent just wants your business, will wait a few months for the house not to sell, then, convince you to lower the asking price to what you probably should have asked for in the first place.
Make sure your seller's agent is working with a realistic figure. If they have the home overpriced, it won't sell.
If you are working with an agent that has a bad reputation, you could have trouble selling your home. Just as with any industry, agents communicate and network. Therefore, if there is one agent causing problems, others will stay as far away as possible. That means if your home is listed with the "bad" agent, other agents are less likely to show your home to their buyers. This is why it's so important to do your homework at the beginning and find a good, reputable agent. Be sure and visit our web site at lebanonrealtyx.com for more great seller tips.
Weekly Market Report 6-15-07
June 15, 2007
This report pertains to residential homes on less than 10 acres sold for the week of June 8th to June 14th as reported by the Lebanon Board of Realtors MLS.
This week there were 4 homes sold for a total of just over 414k. The average price of these homes was almost 104 thousand and the median price at 112 these homes had an average time on the market of 168 days. There are currently 22 homes listed as under contract in the Lebanon MLS and those homes have an average price of 137 thousand.
Year to date there have been 144 homes sold, down from last years 176 during the same time frame, the average price is just over
111 thousand dollars compared to last years 98K; the YTD volume of 16 million is just under last years 17.3 million. Our average time on the market this year has been 121 days, that’s up some from last years 108 day average.
As of this morning there were 316 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 162 with median asking price of just about 138; these homes have an average time on the market of 140 days.
The market seems to be a little soft here in Lebanon compared the last few years, that’s not to say its bad just closer to normal. There are a lot of homes on the market and some frustrated sellers, here are a few things to consider if your home isn’t selling. There are only 3 factors affecting the sale of your home regardless of the market. Location, condition, and price. You can’t change the location but you can compensate for it by improving your condition or lowering your price. One of these 3 items is causing your home not to sell, work with your realtor to find out what it is and get it corrected if you really need to sell
This week there were 4 homes sold for a total of just over 414k. The average price of these homes was almost 104 thousand and the median price at 112 these homes had an average time on the market of 168 days. There are currently 22 homes listed as under contract in the Lebanon MLS and those homes have an average price of 137 thousand.
Year to date there have been 144 homes sold, down from last years 176 during the same time frame, the average price is just over
111 thousand dollars compared to last years 98K; the YTD volume of 16 million is just under last years 17.3 million. Our average time on the market this year has been 121 days, that’s up some from last years 108 day average.
As of this morning there were 316 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 162 with median asking price of just about 138; these homes have an average time on the market of 140 days.
The market seems to be a little soft here in Lebanon compared the last few years, that’s not to say its bad just closer to normal. There are a lot of homes on the market and some frustrated sellers, here are a few things to consider if your home isn’t selling. There are only 3 factors affecting the sale of your home regardless of the market. Location, condition, and price. You can’t change the location but you can compensate for it by improving your condition or lowering your price. One of these 3 items is causing your home not to sell, work with your realtor to find out what it is and get it corrected if you really need to sell
Weekly Market Report 6-8-07
June 08, 2007
This report pertains to residential homes on less than 10 acres sold for the week of June 1st to June 7th as reported by the Lebanon Board of Realtors MLS.
This week there were 2 homes sold for a total of just over 204k. The average price of these homes was almost 102 thousand and the median price at 102 these homes had an average time on the market of 111 days. There are currently 20 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 109 thousand.
Year to date there have been 138 homes sold, down from last years 162 during the same time frame, the average price is just over
112 thousand dollars compared to last years 97K; the YTD volume of almost 15.5 million is just under last years 15.7 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 316 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 160 with median asking price of just about 137,700; these homes have an average time on the market of 140 days.
This week there were 2 homes sold for a total of just over 204k. The average price of these homes was almost 102 thousand and the median price at 102 these homes had an average time on the market of 111 days. There are currently 20 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 109 thousand.
Year to date there have been 138 homes sold, down from last years 162 during the same time frame, the average price is just over
112 thousand dollars compared to last years 97K; the YTD volume of almost 15.5 million is just under last years 15.7 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 316 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 160 with median asking price of just about 137,700; these homes have an average time on the market of 140 days.
Weekly Market Report 6-1-07
June 01, 2007
This report pertains to residential homes on less than 10 acres sold for the week of May 25th to May 31st as reported by the Lebanon Board of Realtors MLS.
This week there were 6 homes sold for a total of just over 749K. The average price of these homes was almost 125 thousand and the median price was 118 these homes had an average time on the market of 131 days. There are currently 19 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 108 thousand.
Year to date there have been 136 homes sold, down from last years 153 during the same time frame, the average price is just over
112 thousand dollars compared to last years 95K, the YTD volume of almost 15.3 million is up from last years 14.5 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 315 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 161 with median asking price of just about 137,500; these homes have an average time on the market of 135 days.
This week there were 6 homes sold for a total of just over 749K. The average price of these homes was almost 125 thousand and the median price was 118 these homes had an average time on the market of 131 days. There are currently 19 homes listed as under contract in the Lebanon MLS and those homes have an average price of almost 108 thousand.
Year to date there have been 136 homes sold, down from last years 153 during the same time frame, the average price is just over
112 thousand dollars compared to last years 95K, the YTD volume of almost 15.3 million is up from last years 14.5 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 315 homes with less than 10 acres, listed with the Lebanon MLS. The average asking price is 161 with median asking price of just about 137,500; these homes have an average time on the market of 135 days.
