Statistics! They can help you analyze where you've been and can help predict where you are going. They can have a huge impact on how you view something. Or they can make you question the source and wonder how accurate the information is.
Statistics in real estate are an important indicator on how a market is doing. They can be justified by influences around them such as the job market but as they are based on actual sales and listings so their accuracy surpasses many other statistically analysts that exist.
As we look back on the month of April and compare some of the reports, stats show that there were 449 active listings in our Williams Lake & area market compared to 459 in April 2012. We are down slightly this year but by only 10 listings which could be recreational properties that have waited a little bit longer this year to go onto the market due to weather and accessibility. A total of 108 new listings came on the market in April compared to 98 last year.
If we focus on the average single family home, a total of 9 were sold in April with an average sale price of $237,444. Compare it to last year in April, 9 properties also sold but with an average sale of $242,244.
At this point, our year to date comparison of all properties from last year to this year has dropped slightly from last month to this month but we will look to make that up in the next few months. If you would like to join the statistics, especially in the sold category, just give me a call and I can do a free market evaluation on your property and we can then move forward to selling your property.