• Active median price $1,275,000
  • Pending median price $750,000
  • Sold median price $673,000
This bringing the absorption rate to .86%, less than one month of inventory. This is truly a sellers market: the multiple offers and the decreasing inventory of our past markets.. but wait there’s help on the way…
Here’s some further startling numbers; at this time last year (by comparison to the current sold stats above) we were at 28 solds for this same time of the year (month to month). The median home price was $435,000. This presents us with current market update of a 54% increase in home prices and doubling of sales since this time last year for the same period of time.