SOUTHERN HILLS MARCH MARKET UPDATE
Five new homes were listed for sale in Southern Hills in March and as of today, all have either sold or are under contract. The average days on market was five and the longest one of these homes was on the market is nine days. Houses are flying off the market!
Additionally with 13 sales occurring in March 2014 as opposed to the 4 sales in March 2015, we’re still seeing evidence of tightened inventory. Sellers in the neighborhood will be happy to know that YOY the average sale price has increased just over 21%.
All signs still point to a highly competitive, low inventory market and a fantastic time to sell!
*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.