Are you considering buying or selling a property? It’s always important to stay informed on the latest market trends and statistics. In this report, we bring you the Real Estate Market Report for the month of May featuring all the latest MLS statistics.
As of May 18, There are currently 35 active listings on the market with 6 of them being new listings for the month. Additionally, there are 7 pending listings that are currently in the process of being sold. This tells us that there is still plenty of inventory available for buyers to choose from.
The average days on market for all the listings currently available is 74, which is relatively faster in comparison with the previous market update at 84 days. However, it is vital to note that this is just an average, and individual properties may sell faster or slower, depending on various factors such as price, location, and amenities.
Overall, the real estate market in May is stable, with plenty of inventory. Whether you are buying or selling a property, it’s always essential to work with an experienced real estate agent who can help you navigate the market and make informed decisions. Contact us today to learn more about how we can help you achieve your real estate goals.
