As we enter the busy Spring season in real estate, statistics on the Peninsula are showing that it is a seller's market.
- Months Supply of Inventory - 5.9
6 months of inventory is considered a balanced real estate market. This is great news for sellers!
- Average Market Time - 93 days
This number has decreased slightly.
- Current Median Sold Price - $156,750
The current median sold price is down 11.5% over the last 12 months.
- % of Sold Price to List Price - 97.07%
- Closed Sales - up 4%
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.
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