Local Economy Information for Horsham, Hatboro and Warminster, Pennsylvania Provided by Paul Augustine

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Welcome > Local Info > 2009 Saw Mill Valley Market Stats ...

2009 Saw Mill Valley Sales Report

Key Statistics:
Number of Units Sold: 50
Average Days on Market: 74
Average Property Marketing Period(1): 100
Average List to Sale Ratio(2): 96.53%
Average Sale Price: $211,809
Median Sale Price(3): $205,500
Low Sale Price: $172,500
High Sale Price: $280,000

Comparing 2009’s Market to 2008:
-Average Days on Market increased by 26% in 2009. (55 DOM in 2009, 74 DOM in 2009).
-Property Marketing Period increased by 16% in 2009. (87 DOM in 2008, 100 DOM in 2009).
-Average Sales Price decreased by 2% in 2009. ($215,440 in 2008, $211,809 in 2009). Montgomery County’s Average Sales Price decreased by 8%.
-Low Sale Price in 2008 was $150,000. High Sale Price in 2008 was $270,000.
-List to Sale Ratio was comparable in both years, 2008’s being 96.97% and 2009’s being 96.53%.
-Number of Units Sold is up to 50 in 2009 from 48 in 2008, a 4% increase in sold units.

Definitions:
(1) Property Marketing Period: A measure of the total marketing time before sold. In some cases, a property may be on the market for a period of time without selling. If it is pulled from the market and then relisted at a later date, Property Marketing Period would be a measure of accumulated market time from both list periods.
(2) List to Sale Ratio: Measures the amount of asking price received. For example, a property listed for $200,000 which sells for $190,000 had a List to Sale Ratio of 95% (190,000/200,000 = 0.95, or 95%).
(3) Median Sale Price: A midpoint between sales prices, it is the middle number in a given sequence of numbers. For example, 5 properties sell in a neighborhood. Sold prices are $190,000; $212,000; $224,000; $237,000; and $243,000. The Median Sale Price is $224,000.

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For Sale By Owner >Listing Presentations

The listing presentation is the first step most sellers take when they are looking for a real estate professional to market their home. They communicate what they expect from the real estate agent who will list their home, and the agent explains their marketing strategy, including pricing recommendations, advertising, and any special programs they or their companies offer.

A good listing presentation takes careful planning. A written market analysis will help you get a clear idea of local market conditions. Many real estate agents will include a marketing plan, as well as suggestions on how to make sure that your home shows well and is accessible to agents. If you are talking to several companies, resist the temptation to go with the person who quotes you the highest price for your house. Look for an agent who is well prepared, professional, and has the best ideas. The most successful transactions involve careful collaboration between the sellers and the real estate agent.

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Q	What holds the title as the tallest reinforced concrete building in the U.S.?
A	311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.
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Paul Augustine, REALTOR®, real estate agent and broker for Horsham, Hatboro and Warminster, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Paul Augustine
RE/MAX Centre
2701 York Rd.
Jamison, PA 18929
Cell: (215) 565-5335
Office: (215) 343-8200 x.115
PaulAugustine@NUMBER1EXPERT.com
Serving Southeast Pennsylvania, my areas of expertise are residential and investment real estate. Horsham, Hatboro, and Warminster are my core market areas. I am a life-long resident of Horsham, so I have an intimate knowledge of the Southeast Pennsylvania real estate market.

Southeast Pennsylvania has so much to offer, and each buyer and seller's individual needs are unique. My knowledge of the local market allows me to help my clients make informed decisions about where to move and when to move. If they are selling, I want to use my market expertise to help them sell for top dollar. If they are buying, I want to make sure they buy under the right terms and for the right reasons - I take a lot of time to tune in to their interests, wants, and needs to help them decide where to buy.

My professional designations and accolades include:
-Accredited Buyer Representative (ABR)
-Certified Distressed Property Expert (CDPE)
-Certified Residential Specialist (CRS)
-RE/MAX 100% Club (2006-Present)

With most of my business coming from repeat and referred clientelle, the primary focus for me is serving my clients during and after their transactional needs are met. Along with a network of excellent service and trade professionals, I oversee all the details of my clients move and give them a great experience!

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2009 Saw Mill Valley Sales Report

Key Statistics:Number of Units Sold: 50Average Days on Market: 74Average Property Marketing Period(1): 100Average List to Sale Ratio(2): 96.53%Average Sale Price: $211,809Median Sale Price(3): $205,500Low Sale Price: $172,500High Sale Price: $280,000

Key Statistics:
Number of Units Sold: 50
Average Days on Market: 74
Average Property Marketing Period(1): 100
Average List to Sale Ratio(2): 96.53%
Average Sale Price: $211,809
Median Sale Price(3): $205,500
Low Sale Price: $172,500
High Sale Price: $280,000