Market Type:
Still a seller's market, with 2.09 months of inventory, despite a 15.7% MoM increase in supply. Buyer demand remains strong, driving quick sales and competitive prices.
π‘ Pricing & Value Trends
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Median Sold Price (MLS): $205,000 (⬆ 107.5% MoM)
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Median Estimated Value: $219,970 (⬇ 0.7% MoM | ⬆ 7.3% YoY)
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Median List Price (New Listings): $212,450 (⬆ 10.3% MoM)
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Median List Price (Pending): $312,450 (⬆ 31.9% MoM)
π Market Activity
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New Listings: 12 (⬆ 25%)
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Active Listings: 16 (⬆ 11.1%)
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New Pendings: 13 (⬆ 30%)
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Total Pendings: 18 (⬆ 12.5%)
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Sold Listings: 10 (⬆ 150%)
π§Ύ Key Sales Metrics
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Sold-to-List Price Ratio: 101.6% (⬆ 25% MoM)
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Median DOM (Days on Market): 10 days (⬇ drastically)
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Median $/Sqft (Sold): $109 (⬆ 41.6%)
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Total Sales Volume (Sold): $2.03M (⬆ 144.8%)
π§ Investor Insights
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High price growth and fast DOM suggest intense buyer competition.
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Pending and sold prices are significantly higher than active and new listings, indicating strong upward price pressure.
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Public record sales still reflect value buys (Median $195K), highlighting potential off-market deal opportunities.
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Inventory is still tight, and despite a bump in supply, it remains a seller-leaning market.
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