Real Estate Prices

Posted by Emily Ray-Porter Group on Tuesday, June 3rd, 2008 at 11:45am.

I have been getting a lot of calls from buyers and sellers wanting to know how prices are holding up. I am here to tell you that even though Uptown is currently experiencing a buyers market, prices are holding. In case you are wondering, a buyer's market is signified by having over 6 months of inventory.

The average list to sales price in April was 98% and the average days on the market for the active listings was 101. There are some great properties out there, so start your search! Please feel free to email me or call my office if you have questions about the current state of the market or are looking for an agent who knows the market.

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