Tuesday, July 12, 2016

Freeport home sales April 2016

23 homes sold, priced from $21,500 to $195,000
Avg $84,122
Avg 226 days on market

13 buyers with traditional types of financing (FHA, USDA, VA and conventional)
10 buyers cash

172 homes currently on the market, with just over 7 months of inventory. 
A balanced normal real estate market is 6 months.

Inventory is down 41% from this time last year, which is a great sign for the market over all.

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