The Point Market Update
If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the The Point market.
Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home. While this is a 30 day capture, those homes that are currently going under contract will likely see a rise in price per square foot when the December report comes out. A VERY important stat is that we currently have just over 1 and 1/2 months of inventory supply. This means that if the current contract rate continues, we will be out of homes in just a short time. Anything under 6 months supply indicates that we are still in a Seller's market.
Our market report showcases everything you need to know about local real estate trends. I'd love to show you all of your options for selling your home today or over the next 6 months and help you meet your real estate goals.
*Most homes were on the market for 1 day with a few outliers dropping the average. It was clear to see that the homes on the market more than 14 days sold for approximately 94% list to sales price, once again proving that accurate pricing is still important to the final sales value and days on market.
WATERFRONT PER SQFT.
OFF WATER PER SQFT.
*DAYS ON MARKET