Restaurants Sold Annual Report – 2005
January 15, 2006

Please find below the results of our exit survey by sellers and brokers for last year which shows results for listings reported sold. 

 

2005 Sold Report	Quarter 1	Quarter 2	Quarter 3	Quarter 4	2005
Average Days on Market	177.4	174.4	182.1	175.7	178.2
Months on Market	5.9	5.8	6.1	5.9	5.9
Average Asking Price	$334,179	$299,300	$241,294	$272,176	$336,577
Average Selling Price	$282,381	$266,543	$226,176	$250,588	$303,750
% of Asking Price Listing Sold	84.5%	89.1%	93.7%	92.1%	90.2%
% of Listings Reported Sold	59.1%	65.3%	70.0%	58.4%	63.3%
% of Sold From RFSO Lead	77.4%	90.6%	73.8%	89.5%	83.3%
Average Profile Views	339	199	405	617	488
Average Search Views	1427	1296	1719	2568	2097

 

Median Asking Price	Median Selling Price	% of Median Asking Price	Highest Reported Sale
$140,000	$117,500	83.9%	$2,695,000