The EBA Way - A Better Way to Buy a Home

First quarter '09 numbers are in and the information provided by the Fayetteville Association of Realtors revealed in chart that follows shows that our market continues to grow.

The absorption rate numbers for existing home indicate that homes costing less than $174,999 are in short supply. The shortest supply within that group  are homes priced between $100,000 and $124,999, essentially maintaining a market slightly favoring sellers.

Buyers who are looking for homes above $175,000 will enjoy the broadest selection of homes and most favorable negotiating strategies.

2009	January	February	March
Total Closed - Existing	211	252	298
Total Value	$25,056,213	$32,029,151	$36,350,637
Average Price	$118,750	$127,100	$121,982
Total Closed - New	117	152	188
Total Value	$22,781,615	$30,782,524	$37,583,819
Average Price	$194,715	$202,517	$199,914
Total Listings Closed	328	404	486
Total Value	$47,837,828	$62,811,675	$73,934,456