January kicked off the New Year with a bang with single family homes sold up over 13% compared to last January. Homes for sale inventory remains low and days on market remains around 59 days. Speaking of homes for sale inventory, 39% of the current homes for sale are new or to be built homes.
There are currently 2,835 single family homes for sale with 1,110 of these being new or to be built homes. During the month of January there were 718 homes sold for an average price of $237,911 which represented a 2% discount off list price. These homes sold in an average of 59 days on market.
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