For our combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights, the total number of real estate closings were up three from previous month bringing the total homes closed to 17.
The median list price per square foot and median sales price per square foot are both down for the month. This, coupled with an increase in median contract to close days (up to 34 from last months 30) we are seeing a bit of a slowdown in the neighborhood.
Our inventory (homes available for purchase) is up to 62 for October, compared to 26 in September.
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.