Saturday, February 10, 2007

An intro to my monthly statistics charts

I have designed Eastside real estate statistics charts for you to see the performance of the market on a monthly/yearly basis.

Here is how it works:

I will receive, as an example, the data for January by the middle of the month of February. I will then post this most recent information with an explanation of how I see the data and the market. You will be able to see whether prices and inventory are going up or down in your area. Looking at the supply of houses, the demand, and the number of sales will then help you to see the relative strength of the real estate market each month.

These charts will compare the amount of homes available for sale and the number of homes sold for the same month in each of the last three years. For example, the January sales activity for each of the last three years will be compared against each other. It is truly eye opening to see the changes in the market over the time.

If you have further questions or would like information regarding market performance, leave me a comment or email me.

The statistics for each month will be posted as an individual entry (i.e. November, 2006 statistics).

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