Broker Notes (June 2019)
This newsletter, “Broker Notes,” has been sent to 18,000 homes in Northwest Hillsborough for almost 20 years. We now offer it online along with a recap of the market, as it is on the day we send it. I hope you enjoy reading it. If you have questions about the real estate market in this area, please contact me. My information can be found below.
Sales in the area for May 2019 were 2% more than May of 2018. The median cost per square feet in $152 per foot for the entire area. During this period, the average days on the market to get a contract was 32 days.
The number of foreclosures and short sales remained insignificant with just eight foreclosure sales and only one short sale.
As of today’s date, there are 971 active listings for sale, compared to 956 a month ago. There are currently 707 homes under contract, compared to 751 last month.
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