The fourth quarter data looks like it will be very close to the 3rd quarter numbers. The average price paid did drop 2% which is not surprising as the buyers continue to get more aggressive in the prices they offer. Hope all of you have a great Thanksgiving. We are all hoping for snow so we can really begin the Ski season and maybe bring in some buyers.
Sunriver Data only
Q4 2008 Sales Data – through 11/21/08
Total transactions: 20
Total $ volume of transactions: $ 10,300,000
Bare Land: 0
Shared ownership: 2
Condos: 3
Homes: 15 Over $1 million: 2
Average percentage of list price: 92.43%
Feel free to you’re your questions to jdw48@mac.com.
John Watkins, broker
Bennington Properties.