Darcy was figuring out some numbers with our MLS and listings. It all started when I read one of the MLS’s in the state has 26% of their active listings that are short sales. So naturally, Darcy figured out what our numbers are in the Iron County MLS. As of this afternoon around 5 PM there were 1056 Active Listings, of those 116 or 12% were Short Sales, 137 or 13% were REO Properties. In all about 25% of our market are distressed sales.
I am not sure what this means, other than to say that roughly 75% are regular sales! I find this to be some positive news amid the doom and gloom!
House in our MLS
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