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Welcome to the Collins Group Realty January 2012 Market Update


Last Updated February 28th, 2012


As always, we are pleased to present to you the Collins Group Realty Market Pulse Report, bringing you current data on the state of the greater HHI marketplace.

We’ve had some feedback that viewing the report can be cumbersome at times due to the formatting, and we apologize for that.  We are working on determining a different presentation medium, and we will keep you posted.  In the meantime, our goal has always been to provide you with good data in a one-stop-shop environment where you can immediately hop into a Search mode to look at properties actively listed for sale in each of the areas where we have provided market updates.  We hope that this pairing of real-time information proves interesting and helpful to you…

As for the state of the market, things continue to look up.  Pending sales are still on the rise, closed sales are up a whopping 20% from this month last year, inventory has decreased substantially (down nearly 15%), and the average sales price to list price ratio is up by over a whole percentage point from last year.   These are all signs that 2012 is likely to be our bottoming-out year…so stay tuned.

Thanks for your time…have a great week ahead!

Best-

Chip Collins
Owner/Broker-in-Charge



 


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