Market Bump Waning

As of this post there are 447 residential properties on the market for an average asking price of $266,000 with an average DOM of 312. During the 30 days preceeding this post there have been 27 sales at an average sale price of $209,000.

This market is still suffering from apathetic real estate practitioners and sellers that are unwilling to price their property within 10% of actual sales price. For those that do get the pricing right, the reward is a completed sale in a fairly short period of time.