Real Estate At A Glance: Total sales through March 2011 | SummitDaily.com
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Real Estate At A Glance: Total sales through March 2011

Chuck Leathers

Total sales through March continue to run more than 20 percent ahead of the same period last year. While prices are still declining, the pace of that decline has slowed. The average sale price to date was $443,000. Buyers seem to realize that the bottom is near as well priced properties enter the market and sell more quickly than normal.

There are still about 1,850 properties for sale this week. The inventory isn’t increasing as fast as it normally does at the end of ski season.

$479,900… average sale price in the 1st Quarter of 2010.

$512,800… average sale price by the end of 2010, a 6.8 percent increase through the year.

Chuck Leathers is the broker/owner of Chuck Leathers Real Estate Co. He can be reached at (888) 485-2300 or e-mail him at ChuckLeathers@Realtor.com.


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