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Avon Park - Sebring - Lake Placid Market Stats Jan-Nov 2007

Avon Park, Sebring, Lake Placid - Market Statistics for 2007
# of Sales Average List Average Sold Sold to List% Sold to Original% DOM
75 $210,208.00 $199,136.00 94.73% 90.81% 160 Jan
76 $192,493.00 $184,285.00 95.74% 92.14% 162 Feb
119 $182,019.00 $170,074.00 93.44% 87.46% 159 Mar
96 $166,770.00 $159,693.00 95.76% 90.81% 196 Apr
100 $199,027.00 $186,147.00 93.53% 87.18% 155 May
108 $211,816.00 $200,758.00 94.78% 89.35% 166 Jun
87 $192,273.00 $178,713.00 92.95% 84.96% 171 Jul
85 $173,927.00 $161,253.00 92.71% 86.42% 195 Aug
78 $165,715.00 $154,696.00 93.35% 86.71% 160 Sep
82 $190,508.00 $172,575.00 90.59% 84.18% 191 Oct
83 $166,935.00 $154,477.00 92.54% 87.83% 139 Nov

Wow, the average list and average sold price has gone down considerably. In fact, both are either at or close to a record low for 2007. DOM's or Days On the Market have also decreased to 139, another record low for 2007!

A fellow Realtor said the other day if all agents would take their overpriced listings and either reduced them to market value or took them off the market completely, we wouldn't have this huge inventory and it would help our market recover! Ya think he's got a point there?

 

Andrea Mills - "Avon Park - Sebring - Lake Placid Market Stats Jan-Nov 2007" Copyright 2008 *All Rights Reserved

This article was originally posted on http://sebring.activerain.com/

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