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The number of closed sales continues to rise on the Peninsula forecasting a strong end-of-Summer market.  What is currently going on in the real estate market?LMA_info-nn-7-15

  • Months Supply of Inventory - 6.8
    Six months of inventory is considered a balanced market.  
  • Current Median Sold Price - up slightly to $173,000
     
  • % of Sold Price to List Price - 97.7%
     
  • Average Days on Market - down to 94.5
     
  • 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