Tuesday, April 24, 2012

3 Month Barry County Market Update!

This data is for all of Barry County and only includes Residential Single Family Homes.

From January 1st 2011 - March 31st 2011 there were 119 Homes sold at an Average Price of $94,586.

From January 1st 2012 - March 31st 2012 there were 131 Homes sold at an Average Price of $111,746.

* We are having a Great start to 2012. Miller Real Estate's Agents have many sales pending, buyers looking, and new listings coming on the market.

* It is very encouraging to see the amount of activity taking place in the Barry County Real Estate market. While September through February are usually slower months, Miller Real Estate and its' agents were busy the whole time showing and selling homes. While the warmer weather could be a significant factor in this, we feel overall that the population of Barry County is feeling fairly economically secure.

* The market as a whole, is currently seeing fewer Foreclosure listings available in the market, which in turn is driving up the overall average selling price. While the average selling price is increasing, it does not mean that home values overall are increasing substantially.

* These are encouraging signs that we are in recovery mode in Barry County! Roads are being repaired, grants are being given to businesses for downtown development, vacant homes are being rehabbed, jobs are being added to Manufacturing / Service / Health industries, and overall we feel a sense of progress as we walk the streets of Barry County!

In the market for a home? Looking to sell? Contact a Miller Real Estate Agent today!

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