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How To Use Sales Reports

  For potential or existing homeowners - sales reports provide critical market information to aid in buy, sell, or investment decisions. 

For businesses - sales reports  provide a continual source of new prospects.   *Links to public records and deed transfers provide important details that help you identify potential users of your goods or services.

Sales reports may be sorted any number of ways depending upon your intended use.   For example, a sales report..... 

  • Sorted by parcel number - reveals homes selling multiple times over a period of years. Historical appreciation rates can be compared to tax revaluations or used as an aid in pricing decisions.
  • Sorted by date - tracks seasonal changes in market activity revealing  the best time to place your property on the market.
  • Sorted by property type and date - reveals absorption rates in a developing neighborhood.   Calculate the average annual turnover rate of homes sold  in an "existing"  neighborhood.  (The absorption rate reveals when a development might "sellout" while the  turnover rate reveals the "average number of years"  a typical homeowner remains in a development when compared to the total number of existing homes. More active neighborhoods tend to increase more in value).
  • Sorted by sales prices, property type, or improvement characteristics - allows businesses to selectively identify new prospects for their goods and services such as interior decorating, home heating fuel, security services, home remodeling, etc.

*Not available in all areas

 


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