September 2024 Market Report

Dear Clients,

There was no surprise within the industry that sales in August would continue to trend downward as the market navigated the seasonal summer slowdown. This period has traditionally seen less focus on real estate transactions. Inventory levels continued to rise, with homes taking longer to sell. The average days on the market in August increased to 44, compared to 28 days a year earlier. This shift gives buyers more negotiating power, leading to a decrease in the sales-to-list price ratio.

Enjoy reading the rest of our September 2024 Market Report

Best regards,

DASH Property Management

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