The number of houses on the market is low, and the number of new listings is down which is typical for this time of year. We are not seeing much fluctuation in prices which should hit the low for the year this month. In November overall sale prices were about the same as listed prices.
It took about 30 days to sell a house in November which is fast for November. We can expect similar results in December unless we have a few blizzards and some civil unrest.
The numbers used to make the table were extracted from the NorthstarMLS and are deemed reliable but not guaranteed. The numbers represent single-family homes including townhouses and condos and excluding multifamily and commercial property. Tomorrow I’ll publish some numbers for rental properties.
For more local numbers see Local market conditions & home prices.