When we compare our second quarter 2011 to this year’s quarter we see that the number of transactions closed in the Silver City Regional MLS has increased. In 2011 we closed 86 transactions with a dollar volume of $12.1 million and in 2012 we closed 109 transactions with a dollar volume of $13.9 million. The average residential sales price has decreased from $149,229 in 2011 to $134,503 in 2012. Markedly different this year compared to last was the amount of land sold. In the second quarter of 2011 only 14 land tracts sold and this year there were 26.
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