Restaurants Sold Annual Report – 2006
January 18, 2007

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

 

2006  Sold Report	Quarter 1	Quarter 2	Quarter 3	Quarter 4	2006
Average Days on Market	178.8	151.9	202.7	178.0	180.0
Months on Market	6.0	5.1	6.8	5.9	6.0
Average Asking Price	$206,900	$267,614	$219,272	$232,854	$228,990
Average Selling Price	$195,118	$203,429	$188,283	$218,458	$201,490
% of Asking Price Listing Sold	94.3%	76.0%	85.9%	93.8%	88.0%
% of Listings Reported Sold	56.9%	52.6%	51.6%	47.0%	51.6%
% of Sold From RFSO Lead	80.8%	70.8%	84.7%	68.0%	76.3%
Average Profile Views	711	647	812	870	772
Average Search Views	3323	3066	5077	5942	4501

 

Median Asking Price	Median Selling Price	% of Median Asking Price	Highest Reported Sale
$150,000	$136,500	91.0%	$2,295,000