|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.