
Over the last few days I have had quite a few discussions with developers, builders, buyers, sellers, and other Realtors regarding the exciting change of pace our local real estate market experienced in November 2009. To remind you of this astonishing news:
- November 2009 sales were 95% higher than November 2008.
- Home sales increased 30% between October 2009 and November 2009 -- a time period when we typically see a decline.
- November 2009 outperformed every other month of home sales in 2009 other than June and July.
- It looks as if 2009-Q4 will be the first quarter in four years with an increase in home sales as compared to the same quarter the prior year.
Read more
here and
here.
All of these are wonderful indicators, and we find yet another one at the top of this post, showing that while online property views (defined below) have been declining over the past few months, they are much higher than could be expected. In fact,
there were more properties viewed online in November 2009 than in March 2009.
Wow! We would typically expect that most buyers would be looking at properties online (and in person) at the start of the spring "buying season" -- but the graph above shows that there are still LOTS of buyers looking (at least online) at properties for sale.Online property views is the sum of all property views on the Coldwell Banker Funkhouser Realtors network of web sites, including our company web site, and all agent web sites.