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April 22nd, 2024 3:07 PM
Low inventory of all types of housing continues throughout our market. Currently there is two months of inventory on the MLS. Normal inventory would be four to six months. The median days on the market is 13 days. In April 2021 it was 35 days. The median list price for all MLS sales is up 8.8% over the past twelve months.
Locally Farmington has 1.4 months of inventory. There are 4 active condominium listings and 12 single family listings from $224,900 to $1,499,900.
Posted in:
General
Posted by Christopher Caccamo on April 22nd, 2024 3:07 PM
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