Inverness real estate sales are up and not just by a little. 2012 shaped up to be a stellar year. Whether you compare 2012 to 2007 the best of the other 5 years shown or 2011 there’s no doubt Inverness is a very popular market. I am sure Inverness home owners will be interested to see this chart. On a day by day basis we have heard so much doom and gloom about the real estate market and home values, sometimes it takes a 12 month review to say, hey, we can wave a good flag for a change.
With success comes excitement but when it comes to selling your home, still be cautious about your pricing. Optimism is certainly deserved but greed can price you into the “still sitting on the market” category of homes, and there are still plenty of those. Remember too that it is never an appraisal or even a brokers price opinion that dictates your sales price, it’s the buyers, and after several years of being on the driving seat they have become very savvy about working out values.
Some Final Data For Inverness Real Estate Sales in 2012
These numbers are for all sales but I’m showing detached and attached seperatly
Average marketing time:
- Detached homes – 284 days
- Attached homes – 231 days
List To Sales Price Ratio:
- Detached homes – 93%
- Attached homes – 94%
Average sales price:
- Detached homes – $586,224
- Attached homes – $366,597
Current Active Listings With No Contract:
- Detached homes – 53
- Attached homes – 5
Based on sales in 2012 we don’t even have 6 months single family homes worth of inventory. Attached, well, at last years rate not even 5 months. Will the love affair with Inverness continue? Let’s hope so. I’ll be back at the end of the first quarter to see how we are doing.
If you think 2013 is the year to sell your Inverness real estate, Inverness listings too.Thinking of buying? We’ve got all the