4.8.22 Market Update
Take a look at the inventory that's entering the local market as we approach the weekend!
Take a look at the inventory that's entering the local market as we approach the weekend!
Although today's closings included a median sales price that exceeded the listing price at 107.1%, the median days on market increased to 13 days.
Today's update continues the trend of several new listings entering the market.
As March comes to a close, nine active listings enter the market with a median listing price of $440,000!
According to the National Association of Realtors, existing-home sales decreased 7.2% between January and February. Sales were also down more than 2% compared to this time in 2021. This news comes as the average 30-year fixed mortgage surpassed...