Sunday, September 18, 2011

Realtors say they are busier than in recent years - The Newark Advocate

Already this year, 97 single-family homes have sold, with about four months remaining in the year. Before 2008, when the American economy took a nosedive, Granville Real Estate prices were higher. This year, the average list price is $299,399, and the average selling price is $282,545. It took an average of 159 days to sell a house in 2007, compared to 94 days this year. They have always been between 128 and 130 days in the 13 years I've been a Realtor. Certainly low interest rates are a factor, which all Realtors acknowledge as a positive. People used to say to me, 'You say my house is worth $300,000 so I'd like to price it higher than that to see if I can sell it for more money. I think we're still marginally over-supplied in Granville. Realtors

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