The first nine months sales activity for the Graeagle Area shows an 18% increase in the number of units sold over the same period last year. The average “list price” was slightly down from the previous year but the “sell price” is only 5.5% off the “asking price.” Plus, the average days on the market has fallen from 263 to 232. All and all it appears that, in general, sellers are pricing their property to reflect the market conditions and buyers, as a rule, are realizing this. As the interest rates begin to creep up buyers are aware that this may be the last opportunity to take advantage of the situation.
Click here for sales details First 3 Qtrs’13 2013 Lot Sales
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