In October, the over 500k market in Village Place and Epernay showcased notable activity, with three homes successfully sold. While the average days on the market remained relatively consistent compared to previous months, a significant shift was observed in the list-to-sale price ratio, particularly at the higher price points. This change highlights a growing trend in negotiating dynamics for premium properties, suggesting a need for strategic pricing and marketing efforts. As we continue to monitor market fluctuations, sellers should be mindful of aligning listing strategies with evolving buyer expectations to maximize their returns. Stay tuned for further insights next month!
Recent sales in Village Place and Epernay could have a significant impact on your home’s value. Curious about what your property might be worth in this dynamic market? Click the "Find Out Your Home Value" button to get an updated home value estimate today.
| Price Boxes | Sold | Average list price | Average sold price | Sold price to list price ratio | Ave days on the market |
|---|---|---|---|---|---|
| Under $300,000 | 0 | $0 | $0 | 0% | 0 |
| $300,000-$399,000 | 3 | $160.33 | $167.49 | 104% | 4 |
| $400,000-$499,000 | 15 | $173.11 | $170.52 | 99% | 13 |
| $500,000-$599,000 | 8 | $182.56 | $176.16 | 96% | 31 |
| $600,000 & Above | 7 | $180.60 | $174.88 | 97% | 18 |
