BANK OWNED STATS JANUARY 1 - APRIL 30, 2009

57 - # Sold

$288,082 - Av. Sold Price

$320,132 - Av. List Price

90% - List Price to Actual Sold Price

129 - Av. Days on Market (4.3 Mo.)

30 - # Currently Under Contract

* Bank Owned Properties made up 22% of all property sales from Jan. 1 - April 30, 2009 (261 Total Property Sales)

* Bank Owned Properties were on the market an average of 68 fewer days than other sales (35% lower average # of DOM)

* Bank Owned Properties sold an average of only 2% lower than other sales based on Av. List price to Actual Sold Price percentages (All sales averaged 92% of list price to actual sold price; whereas, bank owned sales averaged 90% of list price to actual sold price)

* A combination of having these properties priced right from the start along with a growing demand from buyers is creating fewer days on the market, less room for drastic negotiations and an increase in overall sales activity!

TO SEARCH CURRENT BANK OWNED HOMES FOR SALE ON THE OUTER BANKS, CLICK ON http://www.coldwellbankerobx.com/property/proplist.asp?PRM_PropertyTypeCode=bankOwned

You can also call or email me, and I will be happy to set up a search for you.