Currently there are 544 homes on the market with an average price of $359,585. With 28 homes sold in October this equates to a 19 months supply. October saw 28 homes sell with an average sales price of $253,875 compared to 40 homes selling last year for $333,583 or a 23.9% decrease in price.Year to date 508 homes sold in 2008 compared to 679 in 2007 or a reduciton of 25.2%. With interest rates continuing to stay under 6.5% and more homes on the market to choose from, now may be a good time to buy. For the seller, because there are more homes on the market and sales year-to- date are down, they may be faced with a longer selling time and must be willing to negotiate on offers presented.
Approximate Location Boundaries: Chelsea
Location Characteristics: Chelsea continues to enjoy the growth in new construction as well as current homes are appreciating. With easy access to Highway 280 and Interstate 65, Chelsea is a very popular area for those who want to get away from the big city.
About Linda & Ken Champlin:
Both originally from Oklahoma City, Ken and Linda began their sales careers early in life and combined, have in excess of 60 years sales experience. They understand the ups and downs, trials and tribulations, excitement and sorrow involved in the process of buying and selling a home and relocating to different parts of the country. They have personally moved 14 times, and have lived in Oklahoma, Texas and New Jersey, and arrived in the beautiful state of Alabama in 1987. Both Ken and Linda began their sales careers in the corporate world, where they were employed by America's largest provider of telecommunications equipment and services. They began working professionally as a team in this environment in 1974 (and personally as a team in 1977 when they were married) when they were meeting the needs of large businesses and corporations. They consistently came out at the top in terms of total sales and revenue generation. They both received numerous awards and much recognition for their sales results. Their kind of success does not come easily. It takes hard work, dedication and innovation. Ken and Linda brought these qualities to their work in the corporate world and they bring them to their work as real estate professionals.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
