Some statistics that might be of interest

Because there’s no real estate activity being reported these days, I thought I’d check up on pending”contracts” : accepted offers, contingent contracts and fully – executed ones. Here’s the break down:

88 Total

<$1,000,000: 34

$1-$2:               29

$2-$3                11

$3-$4                6

$4 – $5              2

$5 – $6              3

$6 – $7              2

$7 – $12            0

$12 – $13          1

>$13                 0

You might keep in mind that some of the accepted offers and contingent contracts will never close. You might also reflect on the fact that these are final asking prices which will not only sell for less than that price but also. most of them started at far higher prices: $6.495 to $5.865, $7.3 to $5.9 and $9.750 to $6.950, just to give you a sampling.

UPDATE: How were we doing this time in 2007?

Using contract dates of 11/01/2006 to 2/23/2007, I find 193 houses

<$0 – $1    24

$1 – $2      58

$2 – $3     40

$3 – $4     66

$4 – $5     18

$5 – $6     10

$6 – $7     10

$7 – $8     3

$8 – $9     1

$9 – $10   2

> 12           1

4 Comments

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4 responses to “Some statistics that might be of interest

  1. Anonymous

    Here is some good news for sellers: Bonus pool reduction (2011 versus 2010)

    RBS 60% reduction
    BNP Paribas: 50% reduction
    Societe Generale: 44% reduction
    Credit Suisse: 41% reduction
    UBS: 40% reduction

  2. anon

    hey look at the bright side – bonuses can probably only go up from here!

    the world needs ditch diggers too….

  3. Cos Cobber

    according to the WSJ…the world doesnt need as many ditch diggers as you think.

    http://online.wsj.com/article/SB10001424052970203315804577211190378957930.html

    as for Cos Cob, we graduated from ditches to politics long ago…