Access Our Comprehensive Real Estate Insights
At Precise Real Estate Group, we are dedicated to empowering you with valuable and up-to-date real estate information. Our current interactive real-time graphs offer you the opportunity to review detailed trailing 12-month statistics, providing you with a clear understanding of market trends and dynamics. Explore these insights to make informed decisions and stay ahead in the ever-evolving real estate landscape.
Median Sales Price
The median property price provides a clear picture of the overall market condition. It helps identify trends, such as whether prices are rising, falling, or staying stable.
Median time (DOM) on Market to contract
The median days on market (DOM) provides a snapshot of the real estate market’s health. A shorter median DOM typically indicates a strong seller’s market with high demand and quick sales. Conversely, a longer median DOM may suggest a buyer’s market with lower demand and slower sales.
New listings
It helps identify market trends and patterns. By tracking new listings each month, you can gauge whether the market is heating up, cooling down, or remaining stable. This information is valuable for both buyers and sellers to understand the current dynamics.
Active Listings on Market
A high number of listings might indicate a buyer’s market, where there are more options available and potentially less competition. Conversely, a low number of listings might suggest a seller’s market, where properties are in higher demand, and sellers can command higher prices. Understanding the number of active listings helps in setting competitive prices. If there are many similar properties on the market, pricing a home competitively can attract more potential buyers.
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