Current Local Market Trends: 43452
Current Local Market Trends: 43452
The real estate market is currently experiencing a low inventory with a months supply of inventory at 2.71, which indicates a high demand for homes. The 12-month change in months of inventory has decreased by 3.56%, further emphasizing the competitive nature of the market.
Homes are selling relatively quickly, with a median of 57 days on the market. This indicates that buyers are actively searching for properties and are eager to make offers. The sold to list price percentage of 91.6% suggests that sellers are receiving offers close to their asking price, showing a strong seller's market.
The median sold price of $323,500 reflects the overall value of homes in this market. Buyers should be prepared to act quickly and potentially pay close to the asking price, while sellers can expect to receive strong offers on their properties.
In conclusion, the current real estate metrics suggest a
competitive market with low inventory and high demand. Buyers and sellers should be prepared to make
quick decisions and
negotiate effectively to achieve their desired outcomes in this market.


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