Housing data released by the MIBOR BLC® comparing May 2021 to May 2022 shows:
- An increase in Median Sales Price of 12.8 % to $287,625
- A decrease in Closed Sales of 2.9 % to 3,336
- New Listings increase 6.1 % to 4,217
Despite the rise in prices, Buyers remain eager to purchase homes. Inventory is better (though still tight) and decreasing days on market make this an extremely competitive market. Make sure you have a trusted advisor by your side.
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