RE/MAX Oceanview Realty 5686 Cowrie St.
Kiosk, Trail Bay Mall
Weekly REPORT Feb 11 - 17, 2014
Although our market has improved, there are some interesting dynamics. On one hand, we see properties that have been on the market for months, with little or no activity. One could conclude the market is slow. Then we see some new listings come onto the market and draw multiple offers. What’s going on? Price! While sales have improved, price is still king. Properties that are priced too high aren’t even getting enquiries. Sharply priced properties are being shown every day. Here’s the good news: there are good, qualified buyers looking for property right now. But they are selective. They are jumping on well priced properties and ignoring everything else. Your RE/MAX agent is an expert on pricing. Listen to their advice. Get your price in line with the market if you wish to sell.
ACCESS TO LISTINGS CLICK ON http://www.remaxoceanview.com
SALES THIS WEEK: 4 [SUNSHINE COAST, ALL OFFICES]
NEW LISTINGS THIS WEEK: 50 PRICE REDUCTIONS
CURRENT LISTINGS: 1,075
DET’D SALES to LIST RATIO*: 3%
3% 15% 22%
*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.