1.17.22 Market Update
The start of the new week brings 2021-like figures. Median sales prices exceeded listing prices by 3.73% and exited the market in just 4 days!
The start of the new week brings 2021-like figures. Median sales prices exceeded listing prices by 3.73% and exited the market in just 4 days!
Both homes that sold today exceeded their listing price, bringing a median sales price of $345,500 or 6.47% over the initial price.
Today's median price per square foot for sold inventory surged to $190.39!
(These stats are according to NTREIS, based on residential home sales from 1/1/21-12/31/21. Parameters include sales prices between 200k-500k.)
Median Year Built: 1970
Median Price Per SqFt- $169.87
Median SqFt Per Home- 1833
Median Listing...
The new week starts with two homes leaving the market. Both sold beneath their original listing price bringing a median sales price to listing price comparison of 94.01%.