June Market Report
Finally! The market is stabilizing!
The real estate market is finally settling: We see an increased months supply, the increase of homes for sale, and a slowing sales price.
If you want to sell: Make sure you list right now. Keep in mind, that pricing right is still essential!
A settling market and low interest rates are attractive to buyers! We still see escalation offers, but mainly on houses in the 300,000 dollar range.
Great news for buyers!
The real estate market is stabilizing with an increased number of houses for sale, increased supply, and a slowing sales price.
With a list price to sales price ratio of 100%, you can see your full price offer on a properly priced home accepted!
- Average Sales Price: $449,000 up 8%
- Homes for Sale: +6.9%
- Days on Market: 35
- Months Supply: 2
- List Price to Sales Price: 100%