As predicted, inventory levels have begun to rise slightly which is typical of the fall season. With more buyers taking August and September to settle in for a new school year, there is more opportunity to avoid the bidding wars of spring and summer.
Currently there is one active home in the midtown area, five under contract, and eight that sold in the September/October months thus far.
As one would expect, listing prices continued an upward trend but there was an even balance of properties selling at list price, above list and below list. This was largely dependent on condition and original pricing.
In 2014 during the same period there were 10 properties sold, with a low price of $197,500, a hi