๐ก๐ Real Estate Market Update ๐๐ก
๐๏ธ June 2023 ๐ Washington, MI 48094
๐ Good day, buyers and sellers! Carol Murray, REALTORยฎ from Keller Williams Realty Lakeside here, bringing you the latest market trends update for June 2023 in Washington, MI 48094. Let’s dive right in! ๐ผ๐
๐ The current Months Supply of Inventory stands at 2.08, indicating a competitive market for both buyers and sellers. Over the past 12 months, the Months Supply of Inventory has decreased by -12.24%, suggesting a tightening market. ๐
๐ฐ Great news for sellers! The List to Sold Price percentage is at 100.2%, meaning homes are selling at slightly above the list price on average. This data showcases the strong demand and value of properties in our area. ๐ฒ๐ผ
โณ Homes are flying off the market! The median days on market is just 8 days, demonstrating the high demand and quick turnover for properties in Washington, MI 48094.โ๐ฅ
๐ฒ๐ผ Looking at the numbers, the median Sold Price for homes in our area is $417,712. This figure reflects the current market value and highlights the potential return on investment for sellers. ๐ฐ๐
๐ As a REALTORยฎ, my goal is to provide you with the most comprehensive and informative updates. If you have any questions about the market trends, buying, or selling in Washington, MI 48094, feel free to reach out. I’m here to assist you every step of the way! ๐ค๐
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