Jon Griffith | Realty Executives

There are three factors that determine the sale of a home.

Location
Condition
Price

What good news!  Why?  You have nearly complete control over 66% of what sells a home.  Granted, you cannot change the condition of the surrounding properties or the type of construction of your property.  I mean, you could raze your house and rebuild a completely [...]

August 2008, a mere 3 years since the height of our most recent over-inflated boom, has come to a close.
In August, we saw 5833 properties sell at an average sales price of $254,920. The average asking price on properties that sold in August was $245,818 and it took an average of 113 days for [...]

It’s hard to say whether or not our market is continuing to correct. I have updated my Market Statistics page this evening and as you can see from the graph below, we are at 2004 pricing. Draw a line from 2001 to our current average sales price today and you’ll see that we’re [...]

As of the beginning of the week we had a total of 54,674 homes for sale, including all residential property types. By the end of the day on Sunday, our levels had dropped 1.6% to 53,767. The average asking price at the beginning of the week was $408,161 which increased less than one [...]

As usual, the graphs below, organized by week, outline the activity in the market since the beginning of the year.
Inventory for all of ARMLS stands at 54,114 homes with an average asking price of $411,671. The average sales price over this period was $245,206. The average asking price for properties that sold during [...]