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.
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.
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.
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.
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.