Weekly Update 12-22-2020

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Merry Christmas Friends- Thank you so much for checking in with me each week for the weekly real estate numbers for our local area. I wish you all a Happy Holiday hopefully spent with those you love. I look forward to continuing to bring you the weekly real estate statistics for our local area and beyond in the new year. Wishing you all the best at Christmas and in 2021! Nan DRE#01967818 Your Local Resource #LocalLoyalConnected #FairOaksLife #FairOaksRealtor #DanfordDelivers
 

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https://youtu.be/dPIBTemJkV0  Ahhh......Summer is here and the State Fair is going on! I hope you are enjoying your Summer so far. What's going on in the Real Estate market in our area? Check it out below (and watch the video) ;) New Listings are up this week to 23. Four listings went pending in the first week, which is up from the week before. Seven homes came back on the market due to failed escrows, more than last week. The number of active homes on the market decreased this past week to 109. A few more homes closed escrow last week and the average listed and sold prices were both down from the week before. The average sold price came in $12,700 higher than the average listed price, which is a trend we have been seeing pretty regularly in recent weeks. The average number of days on market before going into escrow dropped to 22 this week from 39 the week before. There were also 14 price decreases this week. Here are the numbers for the entire Northeast SAR Region: That's what
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