Mortgage interest rates are hovering around 7%. There are still serious qualified Buyers looking for the right property. Timing is everything! Multiple offers are more common again. The number of days properties are staying on the market is averaging 33 days.
- There are no properties listed under $500,000.
- The low inventory at entry-level, higher interest rates, and homeowner insurance costs make it difficult for many first-time Buyers.
- There is:
- One (1) listing priced between $500,000-$600,000.
- Seven (7) listings priced between $600,000-$700,000.
- Seven (7) listings priced between $700,000-$800,000.
- Four (4) listings priced between $800,000-$900,000.
- Two (2) listings priced between $900,000-$1,000,000.
- Eleven (11) listings priced between $1-2 million.
- None (0) listed for over $2 million.
