2011 Real Estate at a Glance a Year in Review

There are many reasons why I enjoy helping people with their real estate needs. First and foremost is the deep satisfaction I get from helping them realize their dreams and get through the major transition that accompanies buying, selling, and moving.

That’s why, in my ongoing commitment to providing first-class service, I can confidently say that if I can’t answer a specific home related question you have, I’m a phone call  or e-mail away from an expert in my professional network who can.

Everyone wants to know what is happening in our local market and that is why I am sending you this Real Estate Market Update so you will have the facts about what is happening in your market and not just what you hear on the news nationally. Here is a breakdown of sales for 2010 compared to 2011:

Your Real Estate Advisors Market Update

YTD 2010

YTD 2011

% Diff

New Listings

556

583

5%

Sold Listings

242

207

14%

Volume of Sold Listings

$46,977,588

$34,965,148

26%

Average Sales Price

$97,464

$84,867

13%

Average Days on Market

180

194

7%

List/Sales Price Ratio

92

91

1%

As you can see, the market is Richmond County was down significantly in 2011. Total sales almost dropped back to 2004 levels which hopefully signals we have reached a bottom and the market will stabilize going into 2012. As you can see from the numbers above, only one in three properties listed are selling, much lower than last year. Days on market only takes into account the listings that have sold, not the ones that never sell. Also, take a look at the list to sales price ratio; homes are selling at 9% below list price on average. What this means is for a home to sell, it has to be priced attractively to even receive an offer.you can see, the market is Richmond County was down significantly in 2

 In 2012, we will work even harder to be sure our clients get the best marketing and client services available. We have started our website upgrade and are aggressively seeking new ways to generate referrals to help bring buyers and sellers together.

Thanks to all of our friends, clients, and business partners Exit Realty Platinum is the ONLY franchise in Richmond County that increased sales from 2010 to 2011! Exit Realty was also awarded the Best of the Best Real Estate Company in 2011, thank you again for your support!

 

 

A Year in Review with Exit Realty Platinum and the Community:

  • Started the Tim and Nicole Hayden Scholarship Fund with RCC
  • Corporate Sponsor for Relay for Life
  • Holes for Habitat Golf Tournament
  • Bowling for Breast Cancer
  • Hospice Dancing with the Stars
  • Parks and Recreation team sponsors
  • Care packages for seniors at Richmond Pines Nursing Home
  • Delivered appreciation baskets to RSHS teachers for their commitment to the community
  • Donated to the Boy Scouts

I would also like to give a very special thanks to the businesses that help our clients through their advertisements on our moving truck:

Please keep these businesses in mind when you have a need in which they can help.

If you have any questions or want to know how your home value is doing, please give me a call or e-mail me at Nicole@NicoleHayden.com for a no cost, no obligation market analysis or visit my website NicoleHayden.com.

If you know of anyone who would benefit from this information or would like to receive my free market updates, please contact me. In addition if you have given any thought to moving or hear that any family, friends, or work colleagues are, please let me know.

Thank you.

Nicole Hayden

Buy or Sell with ME and use MY Truck for FREE!

Nicole Hayden
Exit Realty Platinum

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About Nicole Hayden

Hi, my name is Nicole Hayden. I am owner/broker in charge of Exit Realty Platinum in Rockingham, North Carolina. I am building a company by design that honors success and production! My agents are awesome and they are committed to helping each other reach their goals.

Posted on February 4, 2012, in Advice from Nicole, Exit Realty Platinum Gives Back and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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