JANUARY MARKET UPDATE - Kimberley, single family homes.

These stats are for single family homes, within Kimberley.
Here is how January stacked up compared to the month prior:

👉🏼11 homes were newly listed vs. 5 new listings to market in December.
👉🏼There were 30 active listings, compared to the 26 we had in December.
👉🏼4 homes were sold during the month of January, down 1 from the 5 which were sold in December.
👉🏼The average sales price took a leap to $673,425. In December of 2023, the average sales price was $534,300
👉🏼List to sold price remained consistent at approximately 93%
👉🏼 Average days on market increased from 77 to 101.

Right now we have plenty of buyers looking for homes to buy, and no inventory to sell them. This can be a great time to list your home for sale, as there is less inventory for your home to compete against.  If you are worried about selling, only to have to find a home afterwards; well, we have creative solutions for this.  Whether you’re an experienced buyer/seller, or this is all new to you, I am happy to help walk you through the process with as much assistance as is comfortable for you.

If you'd like to discuss buying or selling, strategy for doing so, the market in general - give me a call, send me a text or an email.
Lets chat real estate 🏡☕️

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