Posts tagged price sensitive sellers market
College-Glen Yearly Real Estate Recap - 2023 Year In Review

Average Sales price decreased from $541,533 in 2022 to $526,625 in 2023

A 3% decrease for the year!!!

Average Days on the Market went up from 17 days in 2022 to 20 days in 2023.

The number of sales went down from 78 sales in 2022 to 74 sales in 2023.

48 of the 74 sales had multiple offers!!! The 2023 highest priced sale was for $700,000.

Of the 74 buyers: 50 used Conventional financing, 7 FHA, 12 All Cash, 3 VA and 2 other.

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