The Hubbard Woods real estate market still isn't "balanced," if there is such a thing in home inventory nowadays. This past June, 8 homes closed in; last June the number was an incredible 19. Would our number be higher now if there was more inventory? I think so.
Look at the median price over the past three Junes:
June 2022 - $1,500,000
June 2021 - $1,305,000
June 2020 - $965,000
That's a 55% increase in the median price over 3 years.
Below you'll see that most (not all) homes are still closing at higher than the list price. A year ago almost all of the 19 homes sold below list price and still had long market times.
6 NEW LISTINGS IN HUBBARD WOODS JUNE 2022
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941 Tower $1,089,000 under contract |
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260 Woodlawn $1,100,000 |
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1305 Asbury $1,100,000 |
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1291 Forest Glen $1,599,000 under contract |
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812 Hibbard $2,985,000 |
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1008 Asbury Ct. $2,995,000 |
1 NEW PRIVATE LISTING IN HUBBARD WOODS JUNE 2022
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1344 Sunview $1,425,000 |
8 SOLD HOMES IN HUBBARD WOODS JUNE 2022
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260 Woodlawn List price: $945,000 Sold price: $945,000 Days on market: 7 |
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1417 Tower List price: $985,000 Sold price: $950,000 Days on market: 1 |
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256 Woodlawn List price: $900,000 Sold price: $1,030,000 Days on market: 6 |
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1368 Scott List price: $1,085,000 Sold price: $1,175,000 Days on market: 20 |
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1055 Chatfield List price: $1,649,000 Sold price: $1,700,000 Days on market: 7 |
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945 Old Green Bay List price: $1,750,000 Sold price: $1,900,000 Days on market: 14 |
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1315 Asbury List price: $1,899,000 Sold price: $2,100,000 Days on market: 4 |
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993 Old Green Bay List price: $4,200,000 Sold price: $4,100,000 |
HUBBARD WOODS REAL ESTATE RIGHT NOW
Homes for sale: 10 (priced $949,000 to $6,750,000
Under contract: 15
Median price year-to-date: $1,500,000
Months of inventory: 1.5 months
While you're here, please see all homes for sale in:
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