Real Talk!

Listing #10: Single Family home on 1.33 acre

Listed Sept 6, 2010 by Company X for $125,000 and sold Jan 21, 2011 by Company X for $120,000

This property sold in 4 months for 96% of asking price.

The real story (I’m thinking that this should really be “the bigger picture”): This property was previously listed 09/06/10 for $139,900 by Company X and expired. On 06/22/01 this property was listed for $122,900 and sold 10/17/01 for $112,500- also with Company X. A new furnace was installed in 2009, so there wasn’t much of an increase in value, if any, in a decade.

Listing #11: Vacant 26.6 acres with driveway

Listed Dec 12, 2010 by Company Y for $43,900 and sold on 20 Feb 2011 for $39,000

In just over 60 days this property sold for over 88% of asking price.

The bigger picture: This property was previously listed 20 October 2009 at $ 35,000 and sold on the 30th of October 2009 for $ 33,000 also with Company Y.

Listing #12: Single Family Residence on 1.67 acres

Listed December 21, 2010 by Company A for $104,900 and sold March 8, 2011 by an out-of-town Company for $100,000.

In just over 2 months, this property sold for over 95% of asking price.

The bigger picture: This property was listed by an out-of-town Company October 8, 2005 for $74,900 and sold January 21, 2006 for $64,000. It was listed again, in 2010 with an out-of-town Company at $109,900 but expired.

Listing #13: Single Family Residence on 2.92 acres

Listed Dec 8, 2010 with Company Z for $129,900 and sold March 8, 2011 by an out-of-town Company for $124,000.

Listed for 3 months and sold for just over 95% of asking price.

The bigger picture: This property was listing 20 July 2008 for $108,500 and sold for $105,000 on Sept 28, 2008. It was listed for sale with Company Z on August 27, 2010 for $135,000 and expired. It would appear that this listing was actually on the market for closer to 7 months and sold for 91% of what they originally listed for.

Listing #14: Single Family Residential on about 74 acres

Listed Sept 17, 2010 for $149,900 with Company X and sold by Company Y for $144,000 on 07 February 2011.

Listed for 5 months and sold for 96% of asking price

The bigger picture: This property was listed previously with Company D March 3, 2007 for $419,900 and expired. This property was listed with Company D January 25, 2008 for $360,000 and expired. In both cases, the property was listed as 97 acres.

Listing #15: Waterfront Bungalow on a little over ½ acre

Listed January 1, 2011 for $298,900 with Company B and sold March 26, 2011 for $289,000 by Company A

Looks like not quite 3 months and it sold for over 96% of asking price.

The bigger picture: This same property was listed the 1st of March 2008 by an out-of-town Company for $ 337,500 but it expired. This property was also listed by another out-of-town Company 2 July 2010 for $298,700 and expired. This property was listed with Company B October 15, 2010 for $298,900 but expired. When it sold, it sold for just over 85% of the 2008 asking price.

Listing #16: Vacant 13 acre property

Listed 21 Jan 2011 for $32,500 by Company X an sold Mar 28 2011 by Company X for $22,450

about 2 months to sell... at 69% of asking price.

The bigger picture: when I checked this listing number, I came up with 3 totally different listings with the same roll number. The first was the above mentioned transaction. Another was a 6 acre waterfront property listed with Company X on 19 Sept 2005 for $189,900 and sold by Company X November 11 2005 for $183,900. The other listing was a log home on 7 acres listed by Company X on 18 Sept 2004 for $229,000 the civic address was 3 numbers higher than the civic listed for the $ 183,000 sale- this listing expired.

Listing #17: Vacant 13 acre property

Listed 31 Jan 2011 by the same Company as listing #16... for $35,500 and sold by that same Company X on 28 March 2011 for $22,350. This listing has a different end digit on the roll number than listing #16.

The bigger picture: I don’t know, I’m so confused!

Listing #18: Tidy little house on just over an acre.

Listed by Company X Jan 13, 2011 for $62,500 and sold Feb 19, 2011 by Company X for $60,000.

Looks good, pretty well 30 days and sold for 96% of the asking price.

The bigger picture: this place is on the border of another real estate board's area and it may have been listed before- although I did check the other board, it was listed by an office that sometimes gets the roll numbers confused and I can't be sure of accuracy.

Listing #19: Executive Waterfront on 1.14 acre

Listed Feb 8 2011 by Companies C & D for $784,900 and sold 25 Feb 2011 for $685,000 by Companies C & D.

Looks like it sold in under 2 weeks for 87% of asking price.

The bigger picture: This property was listed May 30, 2010 by Companies C & D for $784,900 but expired. So it’s more likely that it sold in 9 months for 87% of asking price.