The Peninsula real estate market for November 2015 is staying strong through the winter and holiday months. Months supply of inventory is at 6.8 months Median sold price over the past 12 months is $174,900 Average market time is 93.9 days Percentage of sold price to list price remains consistent at 97.8% Closed sales up 8%! If you […]
The Peninsula real estate market for October 2015 is continuing to show signs of improvement. Months supply of inventory is at 6.9 months Median sold price over the past 12 months has slightly improved to $174,900 Average market time is 90 days Percentage of sold price to list price remains consistent at 97.66% Closed sales way up at […]
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-6%). Every other category showed a minimum increase of at least 9.7%. Here is the […]