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In November, the median price Increased to $515,000 compared to the $510,000 in October. The median is 17% higher than it was a year ago.

Currently there is 0.7 months worth of inventory.

A “normal” or “balanced market” is considered around 2 — 3 months.

The Market is currently favoring sellers

 

 

 

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Clear skies,

Doug Reynolds

Realtor

916-494-8441