2.10.22 Market Update
Busy day in the market! Sold inventory reached a median of $238.42/sqft!
Busy day in the market! Sold inventory reached a median of $238.42/sqft!
Commercial real estate sales in the U.S. surged to a new record in 2021. Led by investors looking to capitalize on how the global pandemic has reshuffled the market, they splurged on warehouses, apartments and hotels. According to analytics by ...
Today's sold inventory were on the market for a median of just 6 days!
2 of the 3 homes that sold today were beneath their original listing price.
6 homes sold today bringing a median sales price that exceeded the original listing price by 3.49%.
The median sales price for today's sold inventory came in at $285,000.
The average rate for a 30-year mortgage fixed-rate loan reached 3.45% as of last week according to Freddie Mac. This rate increased from 3.22% the week earlier as finance experts continue to predict the Federal Reserve to raise interest rates. ...