Big news in the Real Estate market. Prices are beginning to flatten. We aren’t seeing the upward swing that was common in the Spring months. The statistics show the median price went down to $636,000 from $650,000. Time on market remains the same at 33 days. But the amount of inventory sold is down from 1069 to 970.
Typically activity does begin to trend down as we approach Fall and school goes back in session. The good news is less activity means less competition for Buyers and more flexibility for Sellers to looking for the right home to make a move.
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