My New Blog

July 19th, 2011 5:42 PM

 

INVENTORY vs SALES

--This chart is a “mind blower”.  It’s self explanatory and should get everyone’s attention.

--It illustrates the huge hurdle, excessive inventory/supply that sellers must overcome to be successful.  These are real numbers from our MLS. In June of 2011, we had an inventory of 1,964 detached single family homes in Leon County vs. a measley 166 sales.

--In order to be among the very few that sell, the home MUST be the absolute, clear choice among the competition. This means its price must be COMPELLING (instead of just competitive), and it must be in tip-top shape!


Posted by Mark Trafton on July 19th, 2011 5:42 PMPost a Comment (0)

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