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Wednesday, August 15, 2007

Market Update For Our Sellers

Karen & Todd send our sellers an update on market conditions every two weeks. Here is an excerpt of that e-mail.

The Livingston County Association of Realtors has just released sales statistics for July ’07. Here’s a quick summary of that data:

July ‘07 # of sales in Co. - 148 Average sale $ - $217,580
July ‘06 # of sales in Co. - 178 Average sale $ - $255,156
July ‘05 # of sales in Co. - 282 Average sale $ - $250,908

Through July ’07 there were 165 fewer homes sold in Livingston County than the same time in ’06. ’07 vs. ’05 is down 599 homes. As expected home values continue to dip in today’s market, which is the new normal.

We are committed to making our clients’ home the exceptions in the market. Our company certainly has been the exception: At this time last year we had helped 61 families. So far this year, we have helped 76 families (and we may be to 80 in the next few days)!

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