Back in May, I shared the following facts:
498 homes for sale, 93 under contract (64 of which were under $250k)
Now compare this with today:
440 homes for sale, 86 under contract (62 of which are under $250k)
So there are fewer homes for sale and about the same amount under contract. This would suggest that prices are beginning to see some stability. I would agree that stability is evident in the $250k or less price range but not in the upper price ranges. I will keep you updated!
Kelly
