Tuesday, July 12, 2016
Freeport home sales April 2016
23 homes sold, priced from $21,500 to $195,000
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.