July Local Market Update

A Note from Amy

With summer in full swing, we're excited to bring you the latest updates on what is happening in the local real estate market.

The local real estate market continues to be dynamic. Inventory remains historically low and sellers continue to have the advantage of historically high home sale prices, despite price appreciation slowing down in comparison to previous years. The limited supply has kept us firmly in a seller's market and it continues to be a highly competitive environment for buyers.

Buyers have become more discerning due to higher interest rates, and it’s crucial for sellers to prepare and price their homes appropriately to attract potential buyers and avoid accumulating days on the market. Improperly priced homes present opportunities for buyers to potentially negotiate more favorable terms than has been possible over the past few years. That being said, it is still important for buyers to act quickly and make well-informed decisions in this fast-paced market.

Below are the market statistics for a few of the towns we serve. If you have interest in market stats for other metro-west communities please contact us!

As always, Amy Balewicz Homes wants to be your first resource for all things real estate! If you have any questions about the local real estate market please reach out.

Engaging with our community and fostering new connections is extremely important to us. We are always happy to help you or anyone you know!

~Amy

Local Market Stats

Previous
Previous

Local Real Estate Market Reports By Town Through June 2023

Next
Next

June Local Market Update