Some actual statistics for the county market are the inventory of homes for sale is up 37% year over year to 555 homes. Average days on market for them is 51 days. The median list price of those homes is up just 0.8% from a year ago. That is just short of peak pricing last spring and fall. The number of pending deals is off 8% from a year ago. Months of inventory, probably the most important stat, is 2.2 months. It popped up from 1.7 to 2.2 in early May and has generally stayed there since. Balanced markets tend to happen in the 4 to 6 months of inventory range. Actual sales price for the homes sold is up 1.2% year over year, on a 3 month rolling average basis.
It is certainly a more pleasant market to be dealing in than a year ago. Transactions tend to occur with the “normal” provisions. Less crazy risk taking by buyers is occuring. The best segment of the market though is likely to have competing offers, often over the list price.
