SD Market Update: February 2018

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It is always my goal to provide world class service and to become your knowledge broker in real estate.  Know the market, and you’ll know your power. Whether you have been thinking of buying or selling a home, knowing the market puts you in the perfect position to make the best decision for YOU and your family.

If you would like to know the value of your home, please click here, and I will deliver you a 100% free market analysis with comparables to your home within 2 business days, guaranteed. 

The following statistics compare January 2017 to January 2018.
  • The median price of for sale properties is up 7%, and the median price of sold properties is up 5% — home prices have risen.  If you have been thinking about listing your home for sale, you can get the most for your property right now.
  • The number of Expired properties is down 11%. Listings are not expiring as much, because what is for sale is actually being bought very quickly.
  • The average months supply of inventory is down 22%, and the average days on market is down 11%.  Because inventory remains very low, buyers are making their offers quickly.
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Provided by Clarus MarketMetrics® via Realty ONE Group
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