As we approach the holiday season, Nottingham Country continues to shine as a highly desirable neighborhood for families looking to settle into their new homes.
November brought a surge in activity, with a 20% increase in sold properties compared to October, as new families eagerly moved in before the year ends. Despite this uptick in sales, the number of properties for sale decreased by 6.7%, reflecting strong demand in the area. This shrinking inventory has been coupled with a 5.9% increase in the average price per square foot, signaling positive news for homeowners. Property values in Nottingham Country are on the rise, further highlighting the neighborhood’s appeal. The inventory remained steady at 2 months, firmly establishing Nottingham Country as a seller’s market. With limited homes available and strong buyer interest, sellers are in a favorable position to secure competitive offers.
Whether you're considering selling your home or are a buyer eager to find your place in this vibrant community, the Nottingham Country real estate market is thriving. Connect with us today to explore opportunities and maximize the value of your home.
Price Boxes | Sold | Average list price | Average sold price | Sold price to list price ratio | Ave days on the market |
---|---|---|---|---|---|
Under $300,000 | 6 | $151.98 | $147.93 | 97% | 10 |
$300,000-$399,000 | 25 | $167.18 | $165.26 | 99% | 39 |
$400,000-$499,000 | 37 | $136.83 | $136.36 | 100% | 35 |
$500,000-$599,000 | 15 | $162.88 | $162.39 | 100% | 17 |
$600,000 & Above | 7 | $181.83 | $183.93 | 101% | 15 |