Heavenly Valley real estate was another mixed bag when comparing the first quarter of 2020 to the first quarter of 2019. The amount of solds stayed the same. The median sold price has gone down, along with the price per square foot. The median days on market has also gone down along with the month supply. A note regarding the month supply of Heavenly Valley is that the above noted number tells us this market is in a balanced market. To understand the month supply more, it gives us an idea of who has control of the market. Anything 4 or under is a seller’s market, anything over 6 is considered balanced and anything over 8 is considered a buyer’s market with a surplus of housing inventory. For more information on Heavenly Valley real estate, give us a call. We’d be happy to help.
|Heavenly Valley Comparison||2020||2019|
|Number of Sales||14||14|
|Median Home Price||$367,100||$512,500|
|Average List to Sale Ratio||98.1%||97.7%|
|Median Dollar Per Square Foot||$295.21||$315.39|
|Median Days on the Market||57||83|