Monitor home prices trends and market changes in . (Based on Market Data)
Within the last 30 days
% of average asking price
Now let's take a look at some more indicators from the most recent real estate market activities in that can help you better understand the current status and trends of the real estate market in this city.
The chart below displays the monthly trend of average market price for all type of properties in . Note that each point on this chart demonstrates the average sold price of the properties in a given period, and may fluctuate severely if the quality and standards of the listed properties vary greatly.
DOM or Days on Market indicates the number of days from the listing date of a property to the date that property has been sold. This chart indicates how in-demand properties are in and how this demand has fluctuateds over the span of a year.
We can see how active the market has been in , by comparing the number of newly listed properties in a given period with the number of properties that have been sold and the number of active properties still remaining at the end of the period. The more properties are listed and sold, the more vibrant the market is in any given community.
Source: Local Real Estate Board
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