by NICK DIPASQUALE | Jan 7, 2023 | Market Update
market insights Average close price fell 3% from November as buyer activity slowed over the holidays and homes were on the market 26% longer While active inventory saw a 24% drop from the previous month, it is up 222% from the record low at this time last year ...
by NICK DIPASQUALE | Dec 5, 2022 | Market Update
market insights Home prices held strong and remained relatively flat, despite a seasonal slowdown with inventory down 14% and days on market up 21% Still working through both sides of a market adjustment, average list price held relatively flat while homes closed...
by NICK DIPASQUALE | Nov 2, 2022 | Market Update
market insights With new listings, closings & average close price down, the market continued to normalize as is expected in fall and looks to be leveling out through the holidays A sign sellers are being forced to adjust with the market, the average list price...
by NICK DIPASQUALE | Oct 11, 2022 | Market Update
market insights We are moving from a strong seller’s market to a more balanced market as inventory & days on market are up along buyer negotiating power Homes continued to close on average under list price for the second straight month and for almost...
by NICK DIPASQUALE | Sep 7, 2022 | Market Update
Highlights An expected seasonal shift in the market meant 18.5% fewer homes were listed in August as we transitioned into the school year Homes closed on average under list price for the first time in 2 years as sellers are realizing they can no longer price at...
by NICK DIPASQUALE | Aug 4, 2022 | Market Update
Highlights An indicator of a balancing market, homes closed on average $5,552 over list price, an 88% drop from the high mark of $47,560 in April Available inventory continues to climb and is up 81% over last year as only 36% of available homes went under contract...
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