Below is a short video highlighting the current real estate conditions and activity in Holland, PA.
Welcome to June’s market update. Let’s take a look at residential real estate activity in Holland during the month of May.
The number of active listings was down 36% from one year earlier, and up 15% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see the median listing price for the month was just over $410,000. Compared to last year the average number of days that units spend on the market before being sold was up 14 percent. This higher number of days may signal a slowdown in the local inventory turnover rate. The median sale price was $230,000. The number of units sold increased 6% year-over-year and held steady month-over-month. These latest figures are encouraging use for both buyers and sellers indicating a positive trend in the marketplace. Thanks for watching.
We hope you use this information to make smart, informed decisions in your upcoming real estate transaction. Feel free to contact us for more information or further assistance.