Found 1 blog entry tagged as Homewood home prices.

First 90 Days Update: Over the Mountain Volume is Down, Prices Up

The Over the Mountain real estate market is sending mixed signals, but by historical standards it's still a Seller's market. Sales volume is down 27%. Prices are up 7.8% and Days on Market increased from 3 days during the first 3 months of last year to 4 days, this year.

First 90 Days of 2022

950 homes sold with median days on the market of 3

Average list-to-sales price 101.8%

Average sold price $492,553

First 90 days of 2023

690 homes sold with median days on the market of 5

Average list-to-sales price 99.96%

Average sold price $531,084

During the first 90 days of 2022, 260 more over-the-mountain homes were sold than during the first 90 days of this year.…

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