2011 Bell Mountain Ranch
Real Estate Recap
32 Solds — Almost DOUBLE 2010
26 sold for less than $700k, 6 for more than $700k
2 Under Contract — both listed by me $499k, $569k
12 Active Listings — down from 16 in 2010!
6 are under $700k, 6 are above $700k
Absorption Rate—A formula to determine how long it will take to sell all of our Active Listings
32 sold/12 months= 2.67 sales per month
12 Active Listings/2.67 = 4.5 Month Supply!!!
BMR had a 11 month supply in 2010
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Average BMR sales price in 2011 was
$591k up from $579k in 2010
My average BMR sales price was $612k!
RESULTS MATTER!
