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    There is no NORMAL in real estate. Northbrook Market Minute October 2022

    There is no NORMAL in a real estate market. Here’s your Northbrook Market Minute for October 2022. Prices are up 5.2% over last year Average sales price in NB is $592,177 There are only 1.6 months supply of homes which is still down 40% over last year Market time is down to 52 days. My take on the market continues to be that properly priced homes sell faster than our NB average market time. Lately I have met with transferees coming in for a new job. Or investors who are happy to avoid the spring frenzy who can buy a property at a higher interest rate now, refinance later. Or cash buyers who are downsizing and are not concerned about interest rates. Listen, it doesn’t matter what the market is doing. There are still buyers who want to buy. Sellers should follow the marketing plan to reach Successfully Sold. Let’s connect for a confidential consultation. Where do you want to go? Remember I know fellow rock star agents around the country. Here or there! Watch These Videos Next ******************************

     

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