The Principal Team

We saw another significant rise in new listings this week – up 8.9% compared to last week. This gives buyers more homes to choose from, which is welcome news. Offers must still be competitive and homes that are priced well and show well are still selling quickly with multiple offers. Homes that are a little

Here’s an overview of our market last month with statistics we don’t often look at. We thought this would provide a unique perspective on what’s happening in our area. Home Prices by Total Square Feet During May 1,500 sq ft or less: Average: $380,455, Median: $360,000 1,501 to 2,000 sq ft: Average: $507,822, Median: $464,000 2,001 to

The real estate market is still very active. Buyers continue to purchase homes despite the challenges. There were 25 showings for each home for sale last month, which shows how competitive the market is. Buyers should look at homes significantly below what they’re willing to pay, since the final price will likely be much higher

There are 32% more new listings this week than there were last week, which is great news for the local market. We still need more homes for sale to satisfy demand, but this is a step in the right direction. We’re having luck getting clients into homes by looking at new construction. If new construction