It feels like 2018 is flying by…how is it May already? In our current market report, new listings are up by 23% as compared to last April. When a home hits the market, it doesn’t stay there for long. The average days on market has continued to drop drastically in 2018—25%—from 98 to 83. The average price per square foot is continuing to rise and is up to $119 in 2018 thus far (as compared to $109 in 2017). The median sales price has shot up to $203,000—7% from 2017!
If you’re looking to sell your home in 2018—this is certainly a seller’s market! As a team, we closed 72 seller transactions in 2017. Please, if you have any questions, or are looking to put your house on the market, please contact us!
In 2017 we helped 67 buyers find their home. If you’re interested in starting the home search in 2018, we’d be more than happy to guide you through the ins and outs of purchasing from contract to closing.
Stay tuned for more Market Trends… right here on Harrisonblog.