Hey, neighbors Nick Irwin checking in with the market stats for our combined neighborhoods of McFerrin Park, Cleveland Park, and Highland Heights for the month of September.
In September we had a total of 23 properties close in our neighborhoods. The median list price per square foot was $283 and the median sales price per square foot was $289. That means that houses are selling over the asking price in most cases.
The median days on market is 2, meaning that a property sits on the market for around two days before accepting an offer. It then takes around 31 days for those properties to close out in our multiple listing service. The average sales price to list price ratio is at 100% meaning that properties are selling at the asking price.
There are currently 8 active properties on the market for purchase and 54 pending properties that are under contract. Our average sales price for the month of September checked in at $468,000 a slight decrease from last month of $476,000.
If you know of anyone looking to buy, sell or invest in our neighborhoods please reach out, also I am happy to talk about your property value  – contact me anytime!
