Although inventory fluctuates daily, inventory of condos and single family homes has remained relatively constant since this information was reported in the Mammoth Times in mid-March 2012.
Total condos listed: 169
Median price: $329,000
Median days on market: 102
Interestingly, the median price is the exact same as reported in mid-March 2012. The active listings are down from 179 while the median days on market have dropped from 152 to the current 102.
Single Family Homes:
Total single family homes: 66
Median price: $731,950
Median days on market: 93
The total active listings are up from 58 in mid-March 2012 while median days on the market have dropped from 147 days to the current 93. The median price is down from $775,000.
The take away from all of this data? If buying, keep in mind properties are selling more quickly than they were earlier this year. When you find something you like, be prepared to make an offer. If selling, pricing your property at a fair market value is key. A qualified real estate agent can help whether you are buying or selling.
For previous articles, visit my real estate blog www.sonjabush.com