Quote:
Originally Posted by AlpineWhite_SJ
Quote:
Originally Posted by BMW F22
Median price doesn't mean average. With
Low inventory people are bidding up. A look on Redfin and Zillow shows that list prices have dropped vs going up few months ago. After the SIP people were able to visit homes and buy again which helped drive up prices.
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That's why average price is included and also up. Homes are still selling for more than asking (list vs sale price). Anecdotal on properties you're watching is not a trend that the overall sales data supports. Prices softened in 2018 and are now slightly up due to lack of inventory. |
Anecdotally. It took two years which isn't uncommon but my parents finally sold their home via cash deal for $1.1M.