Sharing an important update on the latest market trends and changes.
We’re here with our monthly housing market update for October. The supply has increased slightly to 4,000 homes on the market. Year-to-date, the number of homes sold has decreased by 9.5% compared to this time last year. Both the average price and median price are gradually rising, with the average price at $376,000.
The median price is just under $315,000, and our average days on market is 47. For sellers, this means you can expect to get top dollar due to the limited supply. Buyers should know that sellers who need to sell their homes quickly are more willing to negotiate closing costs, which can benefit you.
If you have any questions, please feel free to reach out to us at (864) 381-8427. We’re here to help.