As we expected, there were no surprises this month. Sales volume in September came in as expected while prices remained flat. Sales volume for this year had been running 14% lower than 2013, but the sales volume this month was only 1% lower than September 2013. There were 6,252 sales this September compared to 6,314 sales for September 2013. Keep in mind there were 21 working days this September compared to 20 working days in September 2013. Discounting the number of working days, the year-over-year sales volumes were very similar.
With year-over-year sales volumes being in lockstep, we are afforded a clear picture of the year-over year changes in sales composition. Normal/traditional sales are up, distressed/investor sales are down. With September defined as more of the same, I thought it would be a perfect time to do some additional number crunching based on a question I saw on Facebook.
The Facebook question went something like this:
“What’s the difference in sales prices between using a Realtor and selling a home via FSBO.”
To read the whole article click on link below- really interesting stuff.
I hope this is informative and helpful and please feel free to call on me if you have any questions or need any information on a personal real estate issue. I would appreciate the opportunity to assist
“Expect A Sold Sign”
Cactus Country Property Professionals
Certified Distressed Property Professional
CDPE, GRI, CRIR, SFR, rCRMS & e-Pro
Licensed 40 years
Fax 800 918 3931