The real estate market is currently experiencing a healthy balance between supply and demand, with a Months Supply of Inventory sitting at 4.88. This indicates that it would take approximately 4.88 months to sell all the current listings on the market if no new properties were added.

The 12-Month Change in Months of Inventory has seen an increase of +24.49%, suggesting a slight uptick in available inventory compared to the previous year. This may provide buyers with more options to choose from and potentially lead to a more competitive pricing environment.

Homes in this market are spending a median of 74 days on the market before being sold, indicating a moderate pace of sales.

This could be influenced by factors such as pricing, location, or property condition.

The List to Sold Price Percentage of 95% shows that, on average, homes are selling very close to their asking price. This suggests that sellers are pricing their properties competitively and buyers are willing to pay close to the listed price.

The median sold price in this market is $379,999, reflecting the average price at which homes are being sold. This metric can give buyers and sellers an idea of the current market value of properties in the area.