Dashing through the snow...

November in the Lakes Region turned cold and the residential home sales turned a little cold, too! But not frigid. There were 63 homes sold in the towns in this report at an average price of $365,623 compared to 72 last November at an average of $411,124. Most of the sales, 54%, continue to be under the $200,000 mark. On a rolling twelve month basis ending 11/30/10 we have had 782 home sales at an average price of $314,574 compared to 708 sales with an average of $298,169 for the 12 months ending 11/30/09. That puts us up 10.5% on the total number of sales and up 5.5% on the average sales price for that 12 month period. That’s a whole lot to be happy about this holiday season and maybe this trend will continue into the coming new year.

Jen Serrano, the outgoing president of our Lakes Region Board of REALTORS®, sent me this real estate Christmas carol that she wrote and sang for everyone at the December monthly REALTOR® meeting. See, it not just me that’s a little whacky…

Jingle Bells (the real estate version) by Jen Serrano

Verse 1

Dashing through the snow,
To show my listing one more time

I pray they’re pre-approved
An offer would be fine

The listing’s getting stale, I’ve had it for a year

The seller is so mad at me
I hope that he’s not here!

Chorus

OH!

I hope it sells
I hope it sells
Oh, let it be today
My bank account is getting low, and I have bills to pay!

I hope it sells
I hope it sells
Oh, let it be today
My bank account is getting low, and I have bills to pay!

Verse 2

A day or two ago
I thought I’d take a ride

With my buyer clients
Seated by my side

We saw forty-seven homes,
They didn’t like a one

We stepped into a foreclosure and then the deal was done!

Repeat Chorus

Merry Christmas to all, and to all a good night…