WOW! Our neighborhoods saw a drastic increase in closed properties for the month of July. The combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights had a total of 26 homes close for the month of July (up from only 18 in June) In other good news, the median list price and sales price both increased from June to July. The median days on market nearly doubled; meaning that houses are taking longer to close and could be an indicator of a normalizing market. Pricing is holding strong with CORRECTLY PRICED homes still closing at 97% of the asking price. If you are looking to move to our neighborhood, there are currently 58 homes listed - and I would be happy to help you locate the perfect one.
If you know of anyone looking to make a move into our neighborhoods, please send them my way. I have an inventory of several homes that are not yet listed on the MLS that I would be happy to share!