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.
I have several listings that are not yet on the MLS in our neighborhood. If you are looking to make a move OR if you want the chance to choose your neighbor – call me!
The housing market is changing. If you have been considering selling your home but aren’t sure what it is worth in today’s market, click here and get a free personalized report on the current market value of your home.