|
|
Restaurants Sold Annual Report – 2008
January 23,
2009
Please find below the results of our exit survey by
sellers and brokers for last year which shows results for listings reported
sold.
|
2008 Sold Report |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
2008 |
|
Average Days on Market |
143.5 |
162.5 |
208.1 |
220.2 |
178.6 |
|
Months on Market |
4.8 |
5.4 |
6.9 |
7.3 |
6.0 |
|
Average Asking Price |
$292,911
|
$249,560
|
$237,040
|
$310,721
|
$275,682 |
|
Average Selling Price |
$246,580 |
$213,560 |
$199,680 |
$261,897 |
$232,950 |
|
% of Asking Price Listing Sold |
84.2% |
85.6% |
84.2% |
84.3% |
84.5% |
|
% of Listings Reported Sold |
60.7% |
52.5% |
48.4% |
45.5% |
52.1% |
|
% of Sold From RFSO Lead |
96.3% |
98.2% |
90.0% |
86.4% |
93.3% |
|
Average Profile Views |
582 |
806 |
975 |
784 |
755 |
|
Average Search Views |
4918 |
7116 |
8051 |
8192 |
7411 |
|
Median Asking Price |
Median Selling Price |
% of Median Asking Price |
Highest Reported Sale |
|
$150,000 |
$120,000 |
80.0% |
$4,000,000 |
|
