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Okoboji Area Real Estate News

Aug. 13, 2007 - Year Comparison

 



Took a look at some numbers this morning... with all of the increase in Condos in the lakes area as well as "New Listings"; hope you find the below numbers interesting.

 

                                                         January - July 2007*

NUMBER OF SOLD LISTINGS                        down 33
MEDIAN SALE PRICE                                   down 32.43%
NUMBER OF NEW LISTINGS                         up 104
MEDIAN LIST PRICE                                    up 24.87%

Basically - an Increase in Listings over last year at this time, Higher List price with Less Sales and Lower Sales Price.  All this equals a Buyers Market!    Contrary to what consumers might believe, this is no time to sell "For Sale By Owner".  With greater options for qualified buyers, your home needs a qualified REALTOR to represent you.  Be sure to contact me for information on buying or selling your home.  I'm here to help!

*Numbers represent a comparison of 2006 over 2007 for the same time period based on MLS Statistics 8/13/07

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DAWN LEFEVRE Serving the Iowa Great Lakes Area. Here you will find various topics of discussion as well as a variety of information regarding the Iowa Great Lakes Area. Stop by often and please feel free to leave your comments.................... DOWDEN-HINN REALTORS Broker-Associate, e-Pro Certified Spirit Lake, IA 51360 800.373.1241 x49 Cell: 712.330.2221

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