Market Update Fall 2013



Thanks for visiting my real estate blog! The summer is over and I wanted to give you an update on how our market is compared to this time last year.

In 2012 at this time there were 665 listings, today there are 882 current listings. This means a lot of sellers have been taking advantage of our great market.

We have also seen a drop in the average days on market from 66 days to 30 days. The average days on market is from the day the home is listed on the market to the day it goes into escrow. Part of the reason this number has cut in half is because we have seen less short sales.

The average sales price has increased from $694,000 to $722,000.  The number of listings sold rose from 731 to 743.

Our market is steadily improving and you need to take advantage of it now. If you have any questions about your home please give me a call and I can do a market analysis.

Thanks for watching!

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