Light real estate inventory continues in the Haller Lake area
This week:
The median list price this week for Haller Lake real estate is $422,475 is up from last week’s $434,975. Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
Supply and Demand
In the last few weeks the Haller Lake real estate market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Price
We continue to see prices in the Haller Lake area hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
For a more accurate pricing on residential property a Competitive Market Analysis (CMA) needs to be done comparing your home with current properties that have sold recently in your neighborhood. Haller Lake homes for sale, lifestyle search and real estate trends.
Is it a good time to sell your Haller Lake Home? Record low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory. Homeowners in the Haller Lake neighborhood that have been thinking about selling this might be time to pull the trigger.
Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the my online form and receive
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