GB Landrigan North Side Report: November 2019

Quick Observation: Levels of Available Inventory are lower or at the same level year over year in most price ranges. The 0-$250,000 range, however, is now more strained than last year. Where 4-6 months is often considered “in balance” for this range, only 1.48 months of homes are currently available in Washington Township. Conversely, homes priced above $1 million are taking a bit longer than last year to sell, though still much better than is typical for this price range. Months of Inventory is usually seen as a the motivating factor for spikes or dips in price, time on the market, and other outcomes.