Market Update -- Vickie York ... At the Beach Realty real estate

Market Update
12/19/11 - 12/31/11

Active Listings, Bethany/Fenwick Area (All Companies):

169 Single Family, 188 Condos

New Listings, Bethany/Fenwick Area (All Companies):

0 Single Family, 0 Condos

Pending Listings:

4 Single Family, 10 Condos

Currently Pending Listings (12/19/11 - 12/31/11):

1 Single Family, 5 Condos

Sold Listings:

1 Single Family, 7 Condos

Active Listings, Ocean View Area (All Companies):

406 Single Family, 242 Condos

New Listings, Ocean View Area (All Companies):

11 Single Family, 8 Condos

Pending Listings:

36 Single Family, 28 Condos

Currently Pending Listings (12/19/11 - 12/31/11):

8 Single Family, 4 Condos

Sold Listings:

12 Single Family, 3 Condos

Showings On Our Listings: 21
Numbers do not include new construction communities.

Market remains quiet in spite of the large crowds and warm weather during the Holidays. The offers received have been averaging about 20% off the list price and sellers are negotiating, but holding for a good price in their mind. Offers have been on our listings priced at $400,000 & below. The high end market has disappeared!

HAPPY NEW YEAR!

Click here to view a comparison chart of sold homes & condos (2010 vs 2011).

If you have any questions, please give me a call.

Regards, Vickie

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