I The average listing price shown here doesn't matter AT ALL.
BUT look at the Median SALES price - up a whopping 13.7%
Which basically means that last year homes were selling for about $70K less than this year.
Most folks can't save that kind of dough in a year so it makes sense to channel their rent into a purchase and leverage their savings that is currently getting 1% interest and switch it into making closer to the 10%+ range.
That's putting your money to work!
Current Market Trends have high deman, low inventory and multiple offfers.
So, hire a broker that knows how to get the job done.
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