Wednesday, May 20, 2009

Housing Statistics: List to Sold Ratio 2009

Buyers, want to know how much you'll pay for your new home? Sellers, want to know how much your home will probably sell for?
The following is the average markdown, or list to sale ratio for homes in the Greater Roanoke Valley for 2009 to date. For example if the home listed for $200,000 and the list to sale ratio is 95.9%, then the home will most likely sell for around 191,800. Here are the figures broken down by area:

South Roanoke City: 94.3
S.W. Rke. City: 94.9
S.W. Rke. County: 95.9
Salem: 97.1
Northwest City: 91.5
North Rke. County: 96.1
Williamson Rd. area: 95
Vinton, Garden City, and
Southeast Rke city: 93.2
Bedford County: 93.9
Botetourt County: 95.5
Franklin County: 92.2

Overall Average: 94.1

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