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?
- 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.
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