Here's a good video with an analysis for the 3rd quarter of this year.  A couple of points worthy of special attention:

  • Active homes on the market have decreased for the 3rd straight year (at end of 3rd Quarter).
  • There is an increase (6.8%) in median sales price compared to the 3rd quarter last year. 
  • Sellers are getting 90.2% of their list price in negotiations.
  • Buyers continue to control the market due to low interest rates, # of houses on the market, and a favorable negotiating environment.

 

Posted by Mike Ciucci on

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