Welcome to Fall! It took forever to get here, but the numbers for October are complete – let’s dig in.
In the month of October, our combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights saw a combined 17 total closings. This is the second consecutive month of a decline in total homes closed. The median list price and median sales price per foot both decreased slightly too ( at 225/ft and 214/ft)
The market is still moving quickly in our neighborhood with a median of 5 days on market and a quick median 27 contract to close days. If you are shopping for a new home in Cleveland Park, McFerrin Park or Highland Heights, you have 29 active properties to choose from. Average sales price was slightly down to 319K. With the favorable interest rates and limited supply of homes on the market, I expect steady market numbers next month.
If you are curious about the current value of your home – click here.
I have several listings that are not yet on the MLS in our neighborhood. If you are looking to make a move OR if you want the chance to choose your neighbor – call me!
The housing market is changing. If you have been considering selling your home but aren’t sure what it is worth in today’s market, click here and get a free personalized report on the current market value of your home.