2011 Yr to Yr report shows continued slow down of market with unit sales down about 15% regionally and in this county. 2011 Q2 county report shows fewer homes sold than last year, however, several high dollar sales have raised the average and median substantially. A sobering note comes in the avg. sold dollars per square foot which remains at $69/sqft in 2010 Q2 and 2011 Q2. Sale Price to List Price ratio at 90%. Days on market up from 170 in 2010 Q2 to 222 in 2011 Q2. Regional inventory is down about 10% from 2010. Fewer Buyers + Less Inventory =..... a great opportunity for things to get better.
Company: Lake Barkley Realty
Phone: 270-350-1907
Email: charliecollier at mchsi dot com
