Archive for March of 2008

Weekly Market Report 3-28-08

March 29, 2008
This report pertains to residential homes on less than 10 acres sold for the week of Mar 21st to March 27th as reported by the Lebanon Board of Realtors MLS.

This week there were 2 homes sold for a total of 168K. The average price of these homes was 84 thousand and the median price at 84K these homes had an average time on the market of 128 days. There are currently 18 homes listed as under contract in the Lebanon MLS and those homes have an average price of 115 thousand.

Year to date there have been 59 homes sold, down from last years 70 during the same time frame, the average price is just over
107 thousand dollars down from last years 115K; the YTD volume of 6.3 million is under last years 8 million. Our average time on the market this year has been 149 days, that’s up some from last years 124 day average.

As of this morning there were 352 homes with less than 10 acres, listed with the Lebanon MLS compared to 304 last year in the same week. The average asking price is 151 with median asking price of just about 125; these homes have an average time on the market of 123 days.
Well with spring arriving, 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 3-21-08

March 21, 2008
This report pertains to residential homes on less than 10 acres sold for the week of Mar 14th to March 20th as reported by the Lebanon Board of Realtors MLS.

This week there were 6 homes sold for a total of just over 611K. The average price of these homes was almost 103 thousand and the median price at 112K these homes had an average time on the market of 114 days. There are currently 19 homes listed as under contract in the Lebanon MLS and those homes have an average price of 112 thousand.

Year to date there have been 54 homes sold, down from last years 65 during the same time frame, the average price is just over
108 thousand dollars the same as last years 116K; the YTD volume of 5.8 million is under last years 7.5 million. Our average time on the market this year has been 152 days, that’s up some from last years 120 day average.

As of this morning there were 350 homes with less than 10 acres, listed with the Lebanon MLS compared to 298 last year in the same week. The average asking price is 151 with median asking price of just about 125; these homes have an average time on the market of 123 days.
Well the internet continues to gain popularity when it comes to shopping for a home, the latest statistics show that 87% of buyers will look for a home on the internet before they ever talk to a realtor or step foot into a home. With this in mind, we continue to focus our marketing towards those who are shopping online, our web site is full of tools to help buyers not just shop for a home but do research and have a better understanding of the buying process. Recently we have added a Blog that will be updated weekly, and we have also added the capability of live support. If you are on our site and have a question you can now chat with us live and have an instant answer without having to pick up the phone. These are just 2 of the many ways we are helping buyers and sellers with their real estate needs.

Weekly Market Report 3-14-08

March 14, 2008
This report pertains to residential homes on less than 10 acres sold for the week of Mar 7th to March 13th as reported by the Lebanon Board of Realtors MLS.

This week there were 8 homes sold for a total of just over 983K. The average price of these homes was almost 123 thousand and the median price at 83.5K these homes had an average time on the market of 184 days. There are currently 19 homes listed as under contract in the Lebanon MLS and those homes have an average price of 112 thousand.

Year to date there have been 48 homes sold, down from last years 54 during the same time frame, the average price is just over
109 thousand dollars the same as last years 120K; the YTD volume of 5.2 million is under last years 6.4 million. Our average time on the market this year has been 155 days, that’s up some from last years 122 day average.

As of this morning there were 350 homes with less than 10 acres, listed with the Lebanon MLS compared to 285 last year in the same week. The average asking price is 151 with median asking price of just about 125; these homes have an average time on the market of 123 days.

Weekly Market Report 3-7-08

March 07, 2008
This report pertains to residential homes on less than 10 acres sold for the week of Feb 29th to March 6th as reported by the Lebanon Board of Realtors MLS.

This week there were 2 homes sold for a total of just over 464K. The average price of these homes was over 232 thousand and the median price at 232 these homes had an average time on the market of 147 days. There are currently 23 homes listed as under contract in the Lebanon MLS and those homes have an average price of 114 thousand.

Year to date there have been 39 homes sold, down from last years 45 during the same time frame, the average price is just over
107 thousand dollars the same as last years 107K; the YTD volume of 4.2 million is under last years 4.8 million. Our average time on the market this year has been 153 days, that’s up some from last years 120 day average.

As of this morning there were 342 homes with less than 10 acres, listed with the Lebanon MLS compared to 286 last year in the same week. The average asking price is 150 with median asking price of just about 125; these homes have an average time on the market of 122 days.