Prices are continuing their upward trend. The first quarter results are in, average
days of the market was 74(DOM), average sales price was $1,232,280 and the
median sales price was $835,000. The
most significant fact was the DOM last August it was 127 days, indicating that
buyers are moving faster to gobble up listings that are fairly priced. We had 94 sales the first quarter with
inventory today of 99 listings indicating tight market of only 3 months
supply. Average sales price to listing
was 95.5%
No comments:
Post a Comment