SLOWING MARKET!
But that doesn’t mean it’s crashing!
In fact, prices are holding steady for now!
Most cities saw a large decline in number of homes sold compared to last month.
and almost all areas had an increase in days on market.
⎻ Most areas had very little change in median sales prices….
Except EMMETT! Whoa, up 33%! All you Emmettonians are lucky!
Except..of course there’s always an explanation..
Emmett had 2 – $1mil homes sell and 1- $3.5mil home sell.
And with only 23 homes that sold there, those numbers really skewed the data.
Inventory is still low enough that prices are holding steady.
So, I predict a S-L-O-Wing market this fall, but prices will hold out unless enough home owners get enough financial pressure that they need to sell and we get more inventory.
You can watch my entire market update report on my YouTube channel!
*Remember that smaller markets like Middleton, Emmett, and Star will show large fluctuations month to month due to smaller sample sizes.*
If you want to sell, please call! We have BUYERS waiting
Contact us if you want to talk about the right time to buy/sell!
