Our market is changing quickly. I used to do quarterly market updates but we need to turn up the frequency! I’ll now include a Monthly Market Watch so you know what’s going on.
- LOW INVENTORY – fewer homes for sale is increasing demand. Currently 10,325 active listing
- MULTIPLE OFFERS – for homes under $300k
- APPRAISALS – still a challenge but coming in higher than last year
- DAYS ON MARKET DOWN 13% (103 DAYS)
AVERAGE SOLD PRICE UP 4% ($260,000)