November 2021 Market Insights: Median pricing, sales pace remains high 

A total of 602 sales closed in October, still a busy month, but down 20% from last year’s high. 

That slight downturn in activity wasn’t due to lack of buyer appetite. The average sales price in October was $260,000, up 5% from a year ago. 

The hot home pricing is cooling, but sellers are getting what they’re asking for their homes, and closing quickly.  Cumulative days on the market is 74, 31% fewer days compared to a year ago.

With 1600 homes on the market at the end of October, the selection remains below historical levels. 

The fall selling season is still going strong and there are many good reasons to sell during the holidays. If this has you thinking about selling, contact Jean to start the selling process.

Is this your year to sell? Request a free home valuation.


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