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In the month of August, closed sales were up and inventory levels were down.  Numbers like this point to a strong real estate market.  What is currently going on in the Peninsula market?

  • Months Supply of Inventory - 6.9
    Six months of inventory is considered a balanced market.  
  • Current Median Sold Price - up slightly to $173,000
     
  • % of Sold Price to List Price - 97.41%
     
  • Average Days on Market - down to 93.8
     
  • Closed Sales - up 8%

If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.

How Much is My Home Worth?

 



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Post by Lynnette Tully