Median Sale Price: $1,220,000
Year-over-Year Change: Down 23.8%
Median Days on Market: 137 days (up from 94 days last year)
Homes Sold in April: 21 (down from 30 last year)
Homes for Sale: 214 (up 4.9% from March)
🎯 What This Means:
- Buyers: The market is less competitive, offering more options and potential for negotiation.
- Sellers: Pricing strategically is crucial; homes are taking longer to sell.
- Investors: The increase in inventory and decrease in prices may present opportunities.
If you need assistance navigating this shifting market—whether buying, selling, or investing—feel free to reach out. I’m here to help you make informed decisions in today’s real estate landscape.
Prices are down, days on market are up—this is where strategy separates winners from watchers.
– James Salas