For a pdf full view, click here: Sept 2012
The month of September showed a typical seasonal slight decline in the number of properties sold for the month of September, yet up 18.3% compared to the same time in 2011. The average sales price continued an increase to $282,000 compared to $254,000 same time last year. Our low inventory continues to be a factor for 2012, as competitively priced properties still go unusually fast with sometimes multiple offer situations. Our inventory is still down 32.6% compared to Sept 2011. Mortgage rates continue to stay low, its still a great time to buy. Most buyers question whether now is a good time to buy. It definately is, since other “buyer competitors” will drop off until after the first of the year. Same goes for sellers, theres definately less competition during the holidays – and those who are looking are very serious buyers.
Lori Vialpando's Blog 