The Mountain

Here’s the newest numbers on Concho Valley. I do this every month with Fedora Properties. The prices shown here, are all asking prices. Check the inventory this month against last month, good stuff!

The highlights are, unit 1’s inventory dropped by five, unit 4 dropped by six, and unit 9A dropped by six. It’s very nice to see some movement. I think this is an indicator of what’s happening on the Mountain right now, and I really hope things are starting to break loose a little. I can say my life has been quite busy over the past few weeks, which I’m happy for.

I read a post today on Agent Genius by Teresa Boardman titled People In The Machine, that caused me to think: “If someone contacts me, do they really know what they’re getting into?” I mean, I know most people hesitate to contact sales people because they have a pretty good idea they’re going to be spammed, or they could start getting phone calls from someone who they have to fight off every night, before they can sit down and eat dinner with their family.

I get that! I avoid the same things, and I want anyone who is contemplating the idea of contacting me, to know how they will be treated.

If you email me, I will email you back. I will not spam you. If you are a potential buyer, I will send you things periodically that I think you may be interested in. The same goes for sellers, but if you would like to be taken off my email list, please understand, all you have to do is return the email and ask me to stop. I won’t take it personally, and you *will* be taken off my mailing list. No questions asked, period, end of story. If later you decide you would like to be back on my list, just let me know.

If you call me, I will normally ask you what your email address is, so that I can send you what you’re asking about. This way you can look through it on your own schedule, when the time is right for you. If you don’t have an email address, I’ll work around it, but it’s more convenient for you if you have one. There’s a lot of info in a listing, and if I can send it to you to look over, you’ll be able to take your time and have a better idea of what it is you’re looking at.

If we do have to do everything on the phone, please understand: I’m not a pushy kind of a person anyway, so I’m not going to call you during the most inopportune times of the day, and try to get you to make a decision, when I think I might be able wear you down.

I believe this is the only way to *attract* business, and not run it off. I’m not about chasing you down, I’ll work hard for you, but I won’t try to take control of you as a “lead”. So if you’re thinking of contacting me, be not afraid, it should be fairly painless.

Wow what a difference a few months make. These numbers are in the Snowflake / Taylor area for residential. For this year and last year, I pulled October thru February, this should give us an idea of what the trend is, rather than just what’s going on inside of one month.

MLS Statistics Oct ‘07 thru Feb ‘08

Notice the inventory under “Total Listed” is more than doubled, which is to be expected in this market. But look at the “Avg List Price Sold” and the “Avg Sale Price Sold” for the two years.

MLS Statistics Oct ‘06 thru Feb ‘07

Now look at the numbers here for early ‘06. We’ve actually come pretty close to these numbers now. Days on the market has also dropped to almost early ‘06 levels. That’s good news.

MLS Statistics Jan ‘06 thru June ‘06

What I see here is that things may be getting back to normal. 2006 was a good year here, and notice how quickly the sold price shot up from June to October of ‘06. That’s volatile baby!

It’s going to be a year or so before we’re really back to normal, <IMHO> but it’s looking better and better. The key here is for people to continue to be realistic in their asking price when they put something out there. Again here I have to say, when I do a search on the MLS for a potential buyer, I take the 5 lowest prices and email those to them. If the price is too high, very few people ever know it’s there, and if they ever see it they just completely put it out of their mind in favor of one that’s a more realistic number.

I hope this is helpful for everyone, I know I found it very interesting. If you see something in the numbers above, that I didn’t catch, or you just want to expand on something, tell everyone else about it by leaving a comment.

This is an overview of what the asking prices are in the Concho Valley subdivisions to date. This is something I’m doing with Don & Carol over at Fedora Properties. We did this last month, and I believe this will continue to be a great resource for those interested. I know I look back on these charts all the time to see what has power, or water, or what’s on the golf course. This is something I’d never been able to do by myself. Don & Carol have years of research compiled here.

Please keep in mind; The prices listed here are asking prices only. If you’d like to know more about what things are selling for in the area, please contact me.