Market times within the boundaries of Groveland Elementary School are continuing to head downward (that's good!). In November of last year, houses were on the market an *average* of 94 days before selling (that data is for single family homes within the school boundaries, and doesn't include any foreclosure data).... Data for October 2013 shows that houses are now only on the market an average of 83 days. That's a great reduction! See the chart (linked below) to view all the market-time trends for the area.
Days on Market Until Sale for Groveland Elementary
It's also interesting to note that in November 2012, the average sales price within the Groveland boundaries was $417,301, and by October 2013 it had jumped up to $468,237. In addition, the months' supply of housing in November 2012 was at 4.7, and by October 2013 it had dropped to 2.9... So, with our shrinking inventory, prices are up! That's a very good thing for sellers, who are still trying to gain back the equity losses they've suffered in the last few years.
I can pull this data for any area you'd like, so feel free to contact me if you're looking for any additional information. I'm always happy to help.
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