Hello neighbors! Nick Irwin here with your monthly report on home sales in our combined neighborhoods of Cleveland Park, McFerrin Park, and Highland Heights
For the month of November 2022, there were a total of 11 closed properties for the month. Which is nearly a 50% drop compared to the same month last year, when we had 28 closed properties (November 2021).
The median list price per foot for the month of November was $348 per foot, and the median sales price per foot checked in at $335 per foot.
Our average days on market was a quick 2 days, and the contract-to-close timeline lasted 32 days on average with a 97% list price to sales price ratio.
There are currently 31 active properties in our combined neighborhoods of Cleveland Park, McFerrin Park, and Highland Heights, and there are 30 pending properties set to close out in the near future.
Our average sales price for the month of November was $618,800. We love to see it!
If you’re interested in listing in the Spring, let’s talk about that now before you hire tradespeople or start working on your home. A Realtor can help you discern the highest return on investment with those repairs, so you’re not throwing your money away. Feel free to reach out via text, call, or email!
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.