Ming Tree Magazine 1st Edition | Page 3

2014 Real Estate Report First Quarter The first quarter is complete for 2014 and the Humboldt real estate market performed sluggish. Expectations going into 2014 were a stable no or low growth appreciation and the number of homes sold would be about the same as 2013. The number of homes sold for the first quarter was down by about 30% and the first quarter average sales price (ASP) was down slightly to $260,329. On a month to month basis, the average sales price (ASP) was $269,147 for January; $268,969 for February; $240,703 for March. It is typical for the first quarter to be a low producing quarter for Humboldt real estate sales. 2014 Real Estate Report Second Quarter Outlook The second quarter has many opportunities for buyers as the prices are stable plus the interest rates are still very low and will likely stay low through the year and as an added bonus there is already more available properties to consider. The second quarter also offers opportunities for sellers to show off their homes to buyers in what should be one of the more positive quarters of the year. For those sellers that position their property correctly, you will receive lots of attention from buyers. For more information about positioning your home to be number one with buyers, email me for the free report at [email protected] or call me at 269-4341. Larry O. Doss President / Broker