There is quite a difference between the 3rd Quarter of 2020 and 2021! The inventory is down about 20%, but with the amount of buyers looking to purchase, days on market is down dramatically and the average sales price has increased by more than a $140,000! Yes, $140,000!
The stats are less dramatic, and really quite steady, when we compare Q2 and Q3 of 2021 though:
Closings Q2 2021 - 144 // Closings Q3 2021 - 135
New listings Q2 2021 164 // New listings Q3 2021 182
Ave sales price Q2 2021 $452,771 // Ave sales price Q3 2021 $475,544
Although we are seeing some changes, the overall market is still strong. Our office has also been experiencing record numbers and we can't thank our clients and community enough. From repeat business, to referrals and 5-star Google reviews - you're the reason for our continued growth! We absolutely love what we do and appreciate your business so very much.
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If you're wondering how much your home is worth, let's chat! We'll be happy to provide you with a pressure-free consultation and current market analysis. Our team can be reached at 307-764-6222 any day, any time.
Talk to you soon!
Amanda & the Elite West Team