Sunday, June 17, 2007

Mid month report on sales activity

More of the same really, but there is some bits of info that look promising.

Disclaimer... all data compiled for this report comes from the WARDEX Data Exchange and does not include any sales activity from outside that resource. All research is done only on single family homes and there is no inclusion of modular homes, commercial properties, or vacant land. The geographical area researched includes; all areas within the boundaries of the city of Kingman, north Kingman, the Hualapai Mountain area, and the Valle Vista subdivisions. Click here to see maps of the included area's.

New Listings:

So far in June there are 75 new listings, or 4.7 a day. Of those 75 only one has taken a contract.

$125,000 is the lowest priced new listing.

$760,000 is the highest priced new listing.

New Contracts:

We have seen 31 homes get a contract so far in June, or 1.9 a day.

$73,000 was the lowest listed price of a home that entered into contract.

$575,000 was the highest listed price of a home that entered into contract.

That highest priced listing was for a property in the Lazy YU subdivision and if it successfully closes escrow would be the second listing sold in that area this calendar year.

Newly Sold Homes:

To this point there have been 21 closed listings in June, or 1.31 a day.

$87,500 was the lowest priced closing.

$494,185 was the highest priced closing.

I normally see more homes close in the last half of the month than in the first (for whatever reason). I'm hoping this is the case again. The number of homes that have entered the contract stage over the last two months was pretty good (considering) so there is still hope that the sold market at least maintains the pace it has been on. Stay tuned.

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