Found 2 blog entries tagged as How's the market.

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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First 60 Days: The Market's Still Strong! 

      

There are interesting comparisons for the over-the-mountain housing market during the first 60 days of 2022 and 2023. The most important finding is that it's still a seller's market despite the increase in mortgage rates.

2022

534 homes sold with median days on the market of 3

Average list-to-sales price 101.2%

Average sold price $484,819

2023

380 homes sold with median days on the market of 5

Average list-to-sales price 99.27%

Average sold price $528,102

During the first 60 days of 2022, 154 more over-the-mountain homes were sold than during the first 60 days of this year. That's a 29% drop in unit volume. However, the average sales price for homes sold this year was 8.9%…

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