Real Estate Market Update. Woah August. Slow Down. Join Me. Be Moved.
I have a buyer that needs a 4 bedroom Winchester home near town center.
Thinking about listing your home but not quite sure if the timing is right? It's not too late to make a move before the end-of-summer and back-to-school frenzy begins. I still have buyers actively searching for the right home and the right school system. If this is you, let's start the dialogue.
Quick facts: the market is speaking. The average list price is the lowest it's been since 2023. The days on market has shifted favorably as a result also closer to 2023 numbers. Buyers are discerning and buyer demand is very strong as per approx absorption rate and supply of inventory data. In short there is a 10% increase in buyer demand = homes are selling faster. Traditionally, it's still a sellers market, but buyers are not wasting their money or time either. They are negotiating.
Note: Average List Price vs. Average Original List Price. See the difference? Want to discuss further?