March 3rd, 2011 9:03 AM by Mike and Susie Berra
Here are the first 2 months of 2011 real estate sales statistics vs. the same period in 2010:
Waterfront Home Sales: The number of sales in 2011 is up 5% vs. 2010, but the average sales price is down 5.5%.
Off-water Home Sales: The number of sales in 2011 is up 4% vs. 2010, but the average sales price is down 16%.
Bank Owned Single Family Sales: The number of bank owned home sales is up 22% from the same period last year.
Condominium Sales: The number of condominium sales in 2011 is down 7% vs. 2010 and the average sales price is down 7.5%.
Bank Owned Condo Sales: The number of bank owned condo sales is down 55% from this point in 2010.
Land Sales: The number of land sales is down roughly 50% from this time last year, and there have been 2 bank owned land sales so far in 2011.
Commercial Sales: Total sales for 2011 are up slightly vs. 2010, with one property being a bank owned sale.
These statistics cover the closed sales only, as reported by the Bagnell Dam Association of Realtors MLS. This data does not included any property currently under contract that has not yet closed.