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| Created | 3/21/24, 7:13 PM |
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| Pagename | Kelly King / Savvy + CO |
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| Link Url | http://instagram.com/kellykingsavvy |
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| Page Name | Kelly King / Savvy + CO |
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| Body | Quick take-aways from last month’s numbers:<br /> <br /> The number of listings in Cotswold / Foxcroft / South Park diminished. This will result in higher demand for those sellers who decide to list in the near future. Higher demand results in higher prices and fewer concessions made by sellers. Expect multiple offers. Whether you are buying or selling, this is where my experience is useful.<br /> <br /> Demand continues to remain strong with homes selling in a week or less with increases in the overall price per square foot. Additionally, with fewer homes coming onto the market the inventory (months supply) has reduced noticeably - take a look at the numbers and remember that a 6 month supply of inventory is considered a balanced (between buyer and seller) market. These numbers indicate that it’s a great time to sell. Want to know what your home is worth with the right marketing plan to sell for top dollar? Let’s have coffee and talk it through. <br /> <br /> Listings:<br /> Cotswold from 177 to 108<br /> Foxcroft from 34 to 34<br /> South Park from 36 to 14<br /> <br /> Closings:<br /> Cotswold from 135 to 79<br /> Foxcroft from 25 to 24<br /> South Park from 29 to 11<br /> <br /> Days On Market:<br /> Cotswold from 7 to 5<br /> Foxcroft from 7 to 6<br /> South Park from 5 to 5<br /> <br /> Months Supply of Inventory:<br /> Cotswold from 2.1 to 1.4<br /> Foxcroft from 1.9 to 1.5<br /> South Park from 1.2 to .3<br /> <br /> Average Price Per Square Foot:<br /> Cotswold from $340 to $400<br /> Foxcroft from $548 to $547<br /> South Park from $330 to $349 |
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