Health & Fitness
Two River Real Estate Statistics - July 2011
The Two River real estate market saw a seasonal summer pop during the month of July...
The real estate market in the towns in the Two River area saw a seasonal summer pop during the month of July, as the number of houses sold rose slightly on a month to month basis.
Lower priced inventory sold off as buyers found bargains in prime real estate areas. Although, housing inventories declined ever so slightly, the average number of days on the market extended to over 100 days in all regional areas – as buyers carefully take their time picking and choosing.
The data indicates home sales in the upcoming months will be lower than July as the number of homes going under contract softens. The good news is that homes that are priced right are going under contract rather quickly – typically within the 1st 75 days of putting it on the market.