If you've turned on the TV or surfed the internet lately, articles are finally being written about the recovering real estate market. Well no kidding, we began to see the first signs back in February (but we all know the media wants to let the news season a good 3 to 4 months before announcing anything positive or uplifiting).
Numbers have been great in our office as of late, lots of sales, a good mix of business sources, a balance of agents contributing to the overall team success. The past two months alone, we have run out of room on our sales boards.
While it would be nice, I know we are not some anomaly in the market place thriving while everyone else is struggling. But the question is, how do we compare to the marketplace? This past week I ran some numbers on CB Leesburg and 10 other local competitors in our marketplace to see how we were looking. Well how did we do? The short answer is that I have had a big smile all week.
Out of respect for other local organizations, I won't name names on this blog, but if you'd like the specific stats, give me a call or shoot me an email and I'd be happy to share.
Here are some of the highlights:
-The local competitor whose claim to fame is market share is down 27% in units sold through May for both their Sterling and Leesburg offices.
-CB Leesburg is one of only two offices to show an improvement each and every month YTD over last year.
-We are one of three to show triple digit improvement YTD vs. 2008.
-There were 6 local offices in the analysis that posted less than 10% improvement during this same time frame, 3 of which had declines.
-CB Leesburg's 106% improvement YTD was more than double the market average of 49%.
-We are one of only two offices in this analysis with less than 50 agents and more than 50 sales transactions YTD.
Here is to continued recovery in the market and outpacing the competition. -Brian
