Haller Lake real estate inventory growing prices leveling
The Haller Lake real estate median list price this week is $365,500 is up from last week where the list price was $350,000. Inventory has been decreasing but the Market Action Index (MAI see chart below) is falling also. With days-on-market is climbing, these are negative implications for theHaller Lake real estate market.
Supply and Demand
The Haller Lake real estate market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
The Haller Lake saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Localized real estate market reports are great for getting a “feel” of what that specific market is doing. 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.
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