August and September's results show an indication that home prices are relatively stable for now. The average sold price actually increased over the 3 month period previously. The average days on market does continue to increase but is still not as long as the stats for January and February with 142 days on market at that time. The total MLS inventory does seem to be growing with over 600 listings at $100,000 and above in the MLS. MyGoldsboroAgent.com has also seen our inventory grow to over 40 listings for the first time in company history. The growing total MLS inventory combined with a growing average days on market does give us something interesting to watch in the coming months. In this competitive climate, an aggressive and creative marketing plan like MyGoldsboroAgent.com has to offer is definitely a benefit.
Total New Listings: 296
Average Sold Price: $144,847
Average Days on Market: 135
Total Sold Dollar Volume: $27,521,023
Tuesday, October 16, 2007
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