Author: Frank Konsella

For the third straight month, we saw more sales year over year on a monthly basis. 77 properties sold- almost the exact same number that sold each year from 2015-2018. While there is no getting around the effects of high interest rates and limited inventory, the local market seems to have reached a steady pace […]

For the second straight month, we saw more sales year over year on a monthly basis. August 2023 had 65 sales in the area, compared with 52 in 2022, which is also more than any year from 2008 through 2015. Buyers remain quite cautious and more patient than they were the past couple of years- […]

52 properties sold last month, totaling $44.2M. This was the first time in several months that there were more sales than there were in 2022 (44). Of course, that isn’t surprising since it was a little over a year ago that interest rates began rising and slowed down the real estate market (along with low […]

52 properties sold last month, totaling $53.8M. Dollar wise, that slightly exceeds the $53.5M from June last year (although with 61 sales). Perhaps the best description for the market remains “unsettled”. Some properties are receiving multiple offers shortly after being listed, while there are others that I consider a pretty good deal that have been […]

35 properties closed in June 2023- far below the number of transactions the past 2 years but also similar to the volume seen in the early ’10s. Inventory finally started to increase, as it typically does at this time of year. The big question will be if all of that new inventory quickly sells/ goes […]