Shrinking inventory on the Peninsula is pointing toward a strong Spring selling season. What is currently going on in the real estate market?
- Months Supply of Inventory - 7.0
Six months of inventory is considered a balanced market.
- Current Median Sold Price - $161,000
- % of Sold Price to List Price - 97.5%
- Average Days on Market - 95.2
- Closed Sales - up 2%
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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