Well it looks like I’m not alone this month in counting numbers!
The market is still very hot for our combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights.Â
The total number of closed properties for the month of October was 32 and that is up significantly from last month which checked in at 23 total properties closed.
The median list price and median sales price are down slightly to $228 a foot for the median list price and $225 a foot for the median sales price.Â
Our median days on market is still very fast at two days with a 34 day contract to close period.
The average sales price to list price ratio is 99.71% meaning that if properties are priced appropriately they are selling very close to list price.Â
There are currently 29 active properties on the market as of this writing and 38 pending properties. The average sales price for our neighborhoods is up from last month and checks in at $393,218.