One minute market update on the housing market in the Nokomis area for January 2025.
The two things everyone wants to know when they ask "how's the market?"
1️⃣ Has the value of my home gone up or down?
The median sales price of a home in our neighborhood is $363,000 up 3.7% from this time last year.
2️⃣ If I were to sell today, how long would it take?
In December, homes were selling on average in 29 days. However, this is changing rapidly as we head into the New Year.
Currently there are only 20 homes on the market in our neighborhood and 3 out of 4 the homes listed last week sold right away.
Reach out with any questions about the housing market.