Home > Blogs > Virginia > Richmond County > Richmond > DID YOU KNOW?
13,654 views

Brenda Feria's Blog

DID YOU KNOW?

By Brenda Feria | Broker in 23233

DID YOU KNOW?


...that things look quite different in the area since 2011?  See the statistics from the Central VA MLS comparing last last year to this year.  It could be that we are getting out of the slump.

  ¹Absorption: 12 months - July 2011 - June 2012 June
   Active Inventory as of Jul 03, 2012 = 10,285 2011 2012 +/-%
   Closed Sales 1,426 1,351 -5.26%
   Pending Sales 1,246 1,575 26.40%
   New Listings 2,734 2,382 -12.87%
   Absorption Rate (Average Closed Sales per month over 12Mos) 1,019 1,130 10.90%
   Month End Inventory 12,801 10,275 -19.73%
   Months Supply of Inventory (Month End Inv./¹Absorption) 12.57 9.10 -27.62%
   Sales Success (Pending Sales versus New Listings) 45.57% 66.12% 45.08%
 -------------------------Key Metrics for Closings---------------------------- --------------------------------------
   Average Days on Market to Sale 76.36 65.02 -14.86%
   Average Last List Price at Closing 240,395 237,869 -1.05%
   Average Closed Price 230,681 231,175 0.21%
   Average Last List Price to Closed Price 94.58% 96.77% 2.32%

Comments

By Djjohan0111,  Wed Jul 4 2012, 08:41
Find an Forclosure Defnce(Bank Loan/mortgage problems Help)

Find an Attorney for help to bank loan. Connection offers live help 9am-9pm at EST. Get into an mortgage problems help today Just try this no.


All USA attorney centers phone numbers

USA Numbers : 877-889-4960
By Djrokon,  Wed Jul 4 2012, 09:24
Find an Forclosure Defnce(Bank Loan/mortgage problems Help)

Find an Attorney for help to bank loan. Connection offers live help 9am-9pm at EST. Get into an mortgage problems help today Just try this no.


All USA attorney centers phone numbers.
.
USA Numbers : 877-889-4960

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer