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Tuesday, May 8, 2012 - What Real Estate will really do

This chart has been put together and shows the amount of sales versus the amount of listings. The percentage of monthly sales against the total inventory of listings on the market is the best way I know of to track trends. It is important to note that one month’s percentage does not indicate price changes, however, if over many months a trend develops, prices may change. Above 23% indicates a Seller’s market, below 23% indicates a stable or Buyer’s market. When the sold percentage is over 23%, I have displayed it in red. Traditionally, December, January and February are the lowest percentages.  To see the chart please click this link.  "What Real Estate will really do"

posted in General at Tue, 08 May 2012 16:39:21 -0700



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