|
|
Restaurants Sold Annual Report – 2007
January
15, 2008
Please find below the results of our exit survey by
sellers and brokers for last year which shows results for listings reported
sold.
|
2007 Sold Report |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
2007 |
|
Average Days on Market |
171.9 |
181.7 |
196.5 |
155.9 |
176.7 |
|
Months on Market |
5.7 |
6.1 |
6.6 |
5.2 |
5.9 |
|
Average Asking Price |
$204,150
|
$246,716
|
$198,594
|
$353,092
|
$259,301 |
|
Average Selling Price |
$153,653 |
$218,844 |
$149,868 |
$343,021 |
$227,151 |
|
% of Asking Price Listing Sold |
75.3% |
88.7% |
75.5% |
97.1% |
87.6% |
|
% of Listings Reported Sold |
42.0% |
50.3% |
48.4% |
50.9% |
48.1% |
|
% of Sold From RFSO Lead |
74.2% |
78.8% |
81.0% |
89.1% |
81.2% |
|
Average Profile Views |
763 |
703 |
588 |
647 |
636 |
|
Average Search Views |
5812 |
7039 |
6365 |
6847 |
6512 |
|
Median Asking Price |
Median Selling Price |
% of Median Asking Price |
Highest Reported Sale |
|
$175,000 |
$140,000 |
80.0% |
$2,950,000 |
|
