A Roaring Fall Real Estate Market

See how the 2020 September and October Real Estate Market compares with last year

By By Beiler-Campbell Realtors on 11/12/2020

The fall real estate market is proving to be active and strong, with our local market outperforming the national market.

Locally in September and October:

  •         The number of units sold continue to outpace the number of new listings entering the market, resulting in a fast-paced market with days on market dropping to 34, a decrease from 50 last year.
  •         The average sold median price was $329,900, an increase of 12% from this time last year.

Nationally in September as reported by NAR:

  •         The inventory of newly listed properties declined by 13.8% nationally over the past year.
  •         The September national median listing price was $350,000, an increase of 11.1% compared to last year.
  •         Nationally, the typical home spent 54 days on the market in September, 12 days less than the same time last year. This is the first time in our records that homes sold more quickly in September than August, and signals an unusually active fall market.

If you are considering selling your home in the next few years, don't hesitate! This is great time to sell. Contact us, your local real estate experts, for a NO-COST NO-OBLIGATION HOME MARKET ANALYSIS. We know this local market and the factors that influence list price. 

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