# of Closed Sales: 15
Average Days on Market for Solds: 76
Median Sales Price: $655000
# of news listings: 2
Months of Inventory Last Month: 4
This Holiday Market Update focuses on attached units (condos and townhomes). The majority of units and sales in the Holiday Neighborhood are attached units so the focus for the market update is on that segment of the market.
Most of the properties are selling at or above list price, especially if they are priced less than $600,000. Above the $600,000 price point most properties are still selling at list or close to list price.
It is still a very strong sellers market, however some properties are not going under contract in the first week which generally means buyers do not have to pay over list price.
I think inventory will remain low, prices will continue to climb but at a slightly slower pace in the last half of 2017.