The summer real estate market is in full swing! Our numbers for the month are finally in!
For the month of July we had a total of 30 properties that closed in our neighborhood. This represents an increase from last month AND we are up 37% from the same month last year.
Our median list price per foot was $249 and the median sales price per foot was $242. The median days on market is a quick 22 days with 36 days between contract and closing.
The average sales price to list price ratio is 98.4% down just a little bit from last month. We are still in a very strong market and properties are closing near to their listing price.
If you know of someone looking to move into the neighborhood, there are currently 20 active properties on the market. We have 46 pending properties currently, so closings for the next month should show an increase.
Average sales price for the month of July is $341,000.
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.