SEP 2019 Single Family Home Update (a shift in the market?)

For the first time this year single family home Days on Market is more than last year. One data point does not indicate a trend but this is definitely something to watch.

On the whole, days on market is 30 days in 2019 compared to 25 in 2018.

As always, there are exceptions in certain segments of the market. Using the various filters on the market analysis tool can narrow more specifically on which segment your home or the one you seek fits in.

Housing market reports and home sales data is provided as a historical information service.  Consult a real estate professional that can help incorporate macro economic indicators like unemployment rate, household income, new home sales, and federal lending rate to understand how it applies to current market conditions.

Information provided by:
Red Bird Analytics, a division of:
#followtheredbirdNested Real Estate, LLC
Metro MLS – copyright 2020

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