Uncategorized November 3, 2011

Me vs. The Market (2nd edition)

Here you go! Updated stats on the Me vs. The Market challenge and links to information on my Hunger Strike. Hope you enjoy!

Me vs. the MarketSince I rolled out this challenge last month I’ve had a lot of questions on what these stats really mean. I’ll try to provide better definitions but feel free to ask questions! I also try to post weekly market stats on FB & Twitter.

Me (What I’ve done this year)

23 sales (buyers & sellers)

6 referrals (referred to other agents)

This is my 7th year in business

Last month I had 25 listings for sale

Currently I have 23 listings for sale

List Price to Actual Sale Price 94.01%

Oct Sold Ave Days on Market = 145

Sept Sold Ave Days on Market = 115

As of Oct Ave Sale Price $131,500

As of Sept Ave Sale Price $131,500


The Market (the ave. Realtor in USA)

7 sales per year (buyer & seller)

76% of Realtors in business 6+ years

23% have 1-5 years in business

1% have been in business less than yr

In the Ames Market

List Price to Actual Sale Price = 96.37%

List Price to Actual Sale Price = 95.64%

Oct Sold Ave Days on Market = 112

Sept Sold Ave Days on Market = 113

Oct Sold Ave Sale Price = $141,581

Sept Sold Ave Sale Price = $143,206

804 Listings for sale

What do these stats mean? The average sale price dropped nearly $2,000. Not a lot but it does say to me that prices are coming down a little, not surprising this time of year. Ave days on market is down one day and the list price to sale price ratio is up nearly a percent. To me these signal that list prices are getting more realistic.

For more insight into the market and how/why I do business I highly suggest reading my blog Me vs. The Market . Some of my latest posts include:

I’m Going on a Hunger Strike

House Prices, Where will they be Next Spring?

Good News, Bad News…

I Thought the Hunger Strike Was Over

It’s Simple: Now’s the Time to Buy

Is It Really Time to Buy?

I’m Stronger than I thought…

If you’d like more information on any of my listings below you can get FREE, recorded information, 24 hours a day. Call             1-866-674-1431       & use thecode by each property.

Executive type home, 3 beds, 2 bath, huge, fenced private yard in Ames… code #126

Big, beautiful custom built home on 3 acres with 5 bedrooms, 3 ½ baths… code #138

19 acres, 5+ beds, 4 bathrooms, possible mother-in-law or rental apt… code #164

4 bed, 3 ½ bath ranch on 2+ acres, 2 big shops/buildings & an apartment… code #134

Short Sale Opportunity in Ankeny – nice, newer, big 3 bed, 2 bath home… code #1189

New furnace, flooring & w/h. Updated kitchen & baths, 5 beds, 3 baths… code #140

Nicely remodeled Ames home on quiet circle drive, 3 bed, 2 ½ bath… code #122

Stately 2 story, beautiful woodwork & built ins, big garage with shop… code #1161

Pottery Barn styled, big 2 story, fenced corner lot, 5 beds & 2 baths… code #1130

Gardener’s paradise & completely remodeled home, 3 bed, 1 bath ranch… code #1188

4 acres, 3 beds, 1 ½ baths – newer siding, roof, windows, has two barns… code #128

Split level, 3 beds, 2 baths, new furnace, kitchen, flooring & sump pump… code #1203

Nice location in Ames, hardwood floors, recently painted interior… code #159

Unbelievable deal, split level, updated, new windows, move in ready… code #174

3 bedroom, 1 bath ranch, big fenced yard, corner lot, extra shed/shop… code #172

Ames condo, upgraded unit, stainless steel appliances, vaulted ceiling… code #175

Well kept, 3 bed, 2 bath, two story, main floor laundry, tile & wood floors… code #1202

Super ranch home, big lot, 2 big bedrooms, 1 bath, large attached garage… code #1139

Investment property – duplex, each half is 2 bedrooms & 1 bathroom… code #131

Adorable 2-3 bedroom, 1 bath, new vinyl siding, fenced, cheaper than rent… code #190

Tons of updates, new electrical, windows, flooring, roof, w/h & insulation… code #1131

Another investment opportunity – duplex, each have 2 bed, 1 bath… code #131

I’m also including a few links below if you’d like to “plug in” to more information.

My website BrandiNelson.com – search for homes, local real estate info, etc.

My Facebook page – Brandi Nelson Real Estate – helpful hints, new listings, general real estate info, etc

My Blog – Me vs. The Market – insights on how/why I work, real estate market articles, etc.

Visit Website
Search for Homes

Brandi Nelson
CENTURY 21 Signature Real EstateBrandi.Nelson@CENTURY21.com
1615 Golden Aspen Drive
Suite 104
Ames,  IA   50010
Phone             515.233.2623
Cell             515.291.0914
Fax 515.232.9278

Featured Listings:
1314 IOWA Cir, Ames
3 bedroom – 2 bath – 1 half bath
MLS# 33577

Nicely remodeled home on a quiet circle. Over 2100 sf finished. Basement has a nice family room and an office or a 4th non-conforming bdrm. Home has been nicely updated and shows well. Newer oak trim & 6 panel sliding doors. New carpet and paint throughtout. Master bdrm has a walk in closet & its own bath.
$159,900 – View Listing
45 LATROBE Ave, McCallsburg
4 bedroom – 2 bath
MLS# 33653

Immaculate split foyer with lots of space. Large yard plus newer detached 2 car garage. 4 large bdrms, 1 full bath up and a 3/4 bath down. House has new windows this year. Beautiful landscaping just added. Very efficient. Must see.
$106,000 – View Listing
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