What's My Laurelbrooke Home Worth? August 2016 Properties active on the market: 16 Single-family properties closed in August: 2 Average sales price: $1,600,000 Average list price: $1,799,500 Sales price to list price ratio: 88.9% Average days on the market: 189 Laurelbrooke absorption rate: 8 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Laurelbrooke is experiencing an extreme buyer's market. The sales price to list price ratio is terrible and the average days on the market are high. This suggests sellers are pricing their homes too high when they first come on the market. July's sales were significantly better than this past month. Sellers must pri... 09/19/2016

What's My Laurelbrooke Home Worth? July 2016 Properties active on the market: 16 Single-family properties closed in July: 5 Average sales price: $1,531,525 Average list price: $1,546,734 Sales price to list price ratio: 99% Average days on the market: 74 Laurelbrooke absorption rate: 3.2 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Laurelbrooke had a good month in July. The average sales price to list price ratio is excellent and the average days on the market are low given the price point. It looks like these sellers did what they had to do to take advantage of our hot seller's market. Sellers must price accordingly from the time their home hits t... 09/19/2016

What's My Laurelbrooke Home Worth? May 2016 Properties active on the market: 16 Single-family properties closed in May: 7 Average sales price: $1,347,071 Average list price: $1,432,343 Sales price to list price ratio: 94% Average days on the market: 172 Laurelbrooke absorption rate: 2.3 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). While the numbers suggest Laurelbrooke is experiencing a seller's market, the sales price to list price ratio is low. The average days on the market suggest these homes may have been over-priced when they came on the market. Sellers must price accordingly from the time their home hits the market or take the risk of not se... 09/19/2016

What's My Laurelbrooke Home Worth? April 2016 Properties active on the market: 18 Single-family properties closed in April: 2 Average sales price: $2,125,000 Average list price: $2,397,450 Sales price to list price ratio: 88.6% Average days on the market: 108 Laurelbrooke absorption rate: 9 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Laurelbrooke is experiencing an extreme buyer's market. The sales price to list price ratio is terrible and the average days on the market are high. Although, that's to be expected in homes priced over $2M. One of the homes sold for $445K under asking price and was on the market for nearly six months. Sellers must pri... 08/14/2016

What's My Laurelbrooke Home Worth? January 2015 Properties currently Active on the market: 12 Single-family properties closed in January: 3 Average sales price: $1,595,000 Average list price: $1,721,133 Average sales price to list price ratio: 92.3% Average days on the market: 131 Active listings already under contract: 3 Laurelbrooke absorption rate: 3 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Laurelbrooke is currently experiencing a seller's market. This is primarily due to the low available inventory here. Generally, homes priced over $1M take longer to sell. The obvious reason is because there are far fewer buyers at this price point. That's why pricing a hom... 02/16/2015

What's My Laurelbrooke Home Worth? Market Report for September 2014 Properties currently Active on the market: 19 Single-family properties closed in September: 3 Average sales price: $1,740,000 Average list price: $1,882,333 Average sales price to list price ratio: 92.4% Average days on the market: 66 Active listings already under contract: 4 Laurelbrooke absorption rate: 6.3 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Laurelbrooke is currently experiencing a normal market. The list price to sales price ratio is low which suggests homes are priced too high when they come on the market. However, the absorption rate is low in comparison to 14.4 months of inventory fo... 11/10/2014

What's My Laurelbrooke Home Worth? Market Report for June 2014 Properties currently Active on the market: 22 Single-family properties closed in June: 5 Average sales price: $1,254,780 Average list price: $1,349,760 Average sales price to list price ratio: 93% Average days on the market: 86 Pending sales: 1 Laurelbrooke absorption rate: 4.4 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Laurelbrooke is currently experiencing a normal market. The list price to sales price ratio is low which suggests homes are priced too high when they come on the market. However, the absorption rate is low in comparison to 8.5 months of inventory for homes priced over $1M. Average days ... 07/09/2014