Sellers are Pricing Right
UPDATE May 23, 2008. Lee County Sees 57% increase in existing condo sales and 41% increase in existing home sales. View the Post.
Last year, the battle cry was for sellers to be realistic about home values.
And now we are happy to see that properties in our area are priced right. Looking at single family pool homes that sold in the last 30 days in zip code 33914, the average purchase price was 94% of list price. A few of those closed higher than the asking price, suggesting a bidding war on a well-priced property.
Here is a link to the CMA report (PDF Format):
Related Links: Lee County Market Stabilizes