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3.28.22 Market Update

Several closings to start the new week. Median days on market stayed on-trend with just 5 days while the median sales price vs. listing price settled at 101.1%.

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National Home Sales Decrease, Mortgage Rates Rise

According to the National Association of Realtors, existing-home sales decreased 7.2% between January and February. Sales were also down more than 2% compared to this time in 2021. This news comes as the average 30-year fixed mortgage surpassed...

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