Inventory, Average Sale to List Price, and Median days on market all stayed quite consistant month over month, while prices saw another small month over month dip, with the Home Price Index dropping approximately $9k for the region.

December can be an interesting time in the market. Often, buyers and sellers put things on hold until the new year but some sellers decide to try to take advantage of the reduced inventory, while others have to keep marketing their home due to personal circumstances. Buyers can sometimes find a deal, if they offer on a home with a motivated seller in the month of December, but options will be limited. 

If you have questions about the market, let's chat!

August's regional numbers are here and on average, prices continued to decline, but once again at a slower pace than earlier in the year. There are signs that buyer activity may be starting to pick up again as we enter fall. The median number of days that homes were on the market increased month over month again from 18 to 22 days. Meanwhile, Months of Inventory actually dropped for the first time this year after peaking in July. This can be attributed to a slow in new listings and an increase in total number of homes sold month over month in August. 

It's important to note that these numbers give us a picture of the overall market, however, it is much more nuanced than the story the numbers tell. Location, type of home, and pricepoint greatly impact what to expect on both the buying and selling side so if you are considering a move, let's chat

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