Summer is nearly over, but the summer real estate market isn’t. We’ve got an update for you today complete with the latest numbers for the Middletown market.
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We’ve got a quick summer market update to share with you about how the housing market is doing right now in the Middletown area. To look at how the market is doing, we look at the numbers and figures for the most recent months vs. the numbers we saw at the same time last year. Here’s what we found:
Available homes are down by 9% from this time last year. Inventory is getting thinner.
The median price for homes has increased by $7,000 since last year.
The list-to-sales ratio has improved by ⅓ of a percent. Sellers are getting more for their homes.
“We are shifting more towards a seller’s market, which is great news if you’ve been thinking about listing. If you have any questions for us or you’re interested in getting your home on the market, give us a call or send us an email. We would love to hear from you.
You can get top dollar for your home now.