Jefferson County’s median sale price has increased yet again to $470,000 for a single-family home and $274,000 for condo/townhomes. There were 899 new single-family home listings in April, an increase of just over 1 percent. The inventory supply dropped just shy of 1 percent and the days on the market stayed flat at 21 days. For condo/townhomes there were 265 new listings, a decrease of a little more than 8 percent from March to April 2018 while inventory supply stayed flat and days on the market increased to 13 days.
Buyers are a lot more cautious these days and not willing to overpay for a home as we have seen in past years. Even though May statistically is the best time to put your home on the market, we’re seeing just a slight increase in new listings. Buyers are becoming a lot more selective on what they are willing to buy and what they are willing to pay for it.
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