PebbleCreek Real Estate Market Report January 2018
January Pending Homes Jump in PebbleCreek
January saw pending homes jump 73.7% in PebbleCreek. Last year there were 19 homes pending and this year there were 33. Also noteworthy, in January, the median list price was up 24.15%. $422,000 compared to $339,900 in 2017. This tells us that some of the newer more expensive homes have come onto the market. Average days on market, at 134 days, was 23 days higher than last year at this time. Month’s inventory (absorption rate) was 4.05%. A balanced real estate market between buyer and seller is a 6 month supply of homes.
There are currently 83 homes for sale and 31 pending in PebbleCreek. On average homes are selling for 95.5% of asking price. PebbleCreek is in a seller’s market. 6 months Inventory is a balanced real estate market between buyer and seller.
PebbleCreek Real Estate Trends for January
Sold Listings Up
Pending Listings Up
Active Listings Down
New Listings Up
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