Tanya Rankin video blogs about Williams Lake Real Estate and where we are at half way thru the year.
Hi, it’s Tanya Rankin in Williams Lake. We’re halfway through 2012 and felt it was a perfect time to give us a 6 month update, kind of let you know what I see happening as we move back into fall after we get through our summer. So far our listing count from January 1st is at 259 listing and 79 properties have successfully sold. I think that’s a really great number, BC Northern Real Estate Board is saying that Sales are up and it’s a strong market here in the Cariboo. Now in the past 14 days we have had 43 new listings, which is a little bit higher than what we would normally see and we’ve had 23 price reductions, not surprising, people still have a difficult time coming to terms with the values of properties in order to actually successfully get them sold, and we have had 17 homes that have successfully sold. I like to see the listing to selling ratio staying at about 50% or just a little under that but that’s not surprising, June tends to get a little bit less activity because a lot of people are busy trying to wind down the school year with field trips and that kind of stuff and that takes time away from the house hunting search. Now as we move into summer I would expect that to be a normal trend, here in the Cariboo after our long winters people try to get out and enjoy the sunshine and enjoy the family time during the hot summer months then get back to house hunting as we round into August and get ready and get settled for back to school time and we’ll see a little bit of spike in Sales as we go through that September, October, and November months, and then just wind down a little bit in December & January, coldest months of the year here. If you have any questions please send me an email anytime to email@example.com and I hope you have a fantastic week!