Interest rates are increasing causing the prices to come down however sellers are receiving an average of 96.6% of their list price. We are currently at 3 months supply of inventory and average days on market is 68.
Our closed sales are down 25.8% compared to this time last year. The average pre owned home sold for $721,752 which is down 13.2% from September 2021. Out of the closed sales, 104 were cash buyers and 187 were using common financing (FHA, VA or Conventional Loan).
With this market adjustment, it takes the right skills and knowledge to sell a home with competition so high and less buyers. I am that agent. I've been a full time agent since 2007 and also a real estate author. Contact me today to discuss your situation and options, 208-758-9000.
Laurel Jonas
Northwest Realty Group
208-758-9000
208HomesForSale@gmail.com
