Brandi Nelson

Me vs. The Market (2nd edition)

In Uncategorized on November 3, 2011 at 4:30 pm
Here you go! Updated stats on the Me vs. The Market challenge and links to information on my Hunger Strike. Hope you enjoy!

Me vs. the MarketSince I rolled out this challenge last month I’ve had a lot of questions on what these stats really mean. I’ll try to provide better definitions but feel free to ask questions! I also try to post weekly market stats on FB & Twitter.

Me (What I’ve done this year)

23 sales (buyers & sellers)

6 referrals (referred to other agents)

This is my 7th year in business

Last month I had 25 listings for sale

Currently I have 23 listings for sale

List Price to Actual Sale Price 94.01%

Oct Sold Ave Days on Market = 145

Sept Sold Ave Days on Market = 115

As of Oct Ave Sale Price $131,500

As of Sept Ave Sale Price $131,500

Vs.

The Market (the ave. Realtor in USA)

7 sales per year (buyer & seller)

76% of Realtors in business 6+ years

23% have 1-5 years in business

1% have been in business less than yr

In the Ames Market

List Price to Actual Sale Price = 96.37%

List Price to Actual Sale Price = 95.64%

Oct Sold Ave Days on Market = 112

Sept Sold Ave Days on Market = 113

Oct Sold Ave Sale Price = $141,581

Sept Sold Ave Sale Price = $143,206

804 Listings for sale

What do these stats mean? The average sale price dropped nearly $2,000. Not a lot but it does say to me that prices are coming down a little, not surprising this time of year. Ave days on market is down one day and the list price to sale price ratio is up nearly a percent. To me these signal that list prices are getting more realistic.

For more insight into the market and how/why I do business I highly suggest reading my blog Me vs. The Market . Some of my latest posts include:

I’m Going on a Hunger Strike

House Prices, Where will they be Next Spring?

Good News, Bad News…

I Thought the Hunger Strike Was Over

It’s Simple: Now’s the Time to Buy

Is It Really Time to Buy?

I’m Stronger than I thought…

If you’d like more information on any of my listings below you can get FREE, recorded information, 24 hours a day. Call             1-866-674-1431       & use thecode by each property.

Executive type home, 3 beds, 2 bath, huge, fenced private yard in Ames… code #126

Big, beautiful custom built home on 3 acres with 5 bedrooms, 3 ½ baths… code #138

19 acres, 5+ beds, 4 bathrooms, possible mother-in-law or rental apt… code #164

4 bed, 3 ½ bath ranch on 2+ acres, 2 big shops/buildings & an apartment… code #134

Short Sale Opportunity in Ankeny – nice, newer, big 3 bed, 2 bath home… code #1189

New furnace, flooring & w/h. Updated kitchen & baths, 5 beds, 3 baths… code #140

Nicely remodeled Ames home on quiet circle drive, 3 bed, 2 ½ bath… code #122

Stately 2 story, beautiful woodwork & built ins, big garage with shop… code #1161

Pottery Barn styled, big 2 story, fenced corner lot, 5 beds & 2 baths… code #1130

Gardener’s paradise & completely remodeled home, 3 bed, 1 bath ranch… code #1188

4 acres, 3 beds, 1 ½ baths – newer siding, roof, windows, has two barns… code #128

Split level, 3 beds, 2 baths, new furnace, kitchen, flooring & sump pump… code #1203

Nice location in Ames, hardwood floors, recently painted interior… code #159

Unbelievable deal, split level, updated, new windows, move in ready… code #174

3 bedroom, 1 bath ranch, big fenced yard, corner lot, extra shed/shop… code #172

Ames condo, upgraded unit, stainless steel appliances, vaulted ceiling… code #175

Well kept, 3 bed, 2 bath, two story, main floor laundry, tile & wood floors… code #1202

Super ranch home, big lot, 2 big bedrooms, 1 bath, large attached garage… code #1139

Investment property – duplex, each half is 2 bedrooms & 1 bathroom… code #131

Adorable 2-3 bedroom, 1 bath, new vinyl siding, fenced, cheaper than rent… code #190

Tons of updates, new electrical, windows, flooring, roof, w/h & insulation… code #1131

Another investment opportunity – duplex, each have 2 bed, 1 bath… code #131

I’m also including a few links below if you’d like to “plug in” to more information.

My website BrandiNelson.com – search for homes, local real estate info, etc.

My Facebook page – Brandi Nelson Real Estate – helpful hints, new listings, general real estate info, etc

My Blog – Me vs. The Market – insights on how/why I work, real estate market articles, etc.

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Brandi Nelson
CENTURY 21 Signature Real EstateBrandi.Nelson@CENTURY21.com
1615 Golden Aspen Drive
Suite 104
Ames,  IA   50010
Phone             515.233.2623
Cell             515.291.0914
Fax 515.232.9278
http://www.brandinelson.com

Featured Listings:
1314 IOWA Cir, Ames
3 bedroom – 2 bath – 1 half bath
MLS# 33577

Nicely remodeled home on a quiet circle. Over 2100 sf finished. Basement has a nice family room and an office or a 4th non-conforming bdrm. Home has been nicely updated and shows well. Newer oak trim & 6 panel sliding doors. New carpet and paint throughtout. Master bdrm has a walk in closet & its own bath.
$159,900 – View Listing
45 LATROBE Ave, McCallsburg
4 bedroom – 2 bath
MLS# 33653

Immaculate split foyer with lots of space. Large yard plus newer detached 2 car garage. 4 large bdrms, 1 full bath up and a 3/4 bath down. House has new windows this year. Beautiful landscaping just added. Very efficient. Must see.
$106,000 – View Listing
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