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Bent Tree Real Estate – Your Monday Morning Update

by Don Martin ~ August 18th, 2008

Good Morning,

This is your weekly update on market conditions in Bent Tree real estate.

  • Current Listings:  93   (Or about 8% of the total homes.  In past years 10% has been about normal.)
  • Price Range:  $115,000 to $799,900. 
  • Pending Sales:  3 Homes are currently under contract.
  • Sales in 2008:  12 Homes have sold since January 1, 2008.
  • Price Range of Sales:  $143,000 to $452,000.
  • New Listings this week:  1

Comments:  Sales continue to be slower than normal, but prices are holding at 93 to 95% of list price.  My internet activity, calls and showings are up over the last 2 weeks.  Other agents report similar increases in activity.

See you ’round the mountains,

Don


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