Are houses selling above or below list price?
This question hit my inbox this morning. The answer is “mostly below on the average right now”. Here is a breakdown of the top.
Inventory in the top 20 Subareas & Banning Lewis Ranch
Bottom line: inventory in these subareas is lower than I expected to see, with the exception of Banning Lewis Ranch. The low inventory across the board seems to be helping holding pricing up.
Subarea Spotlight: Banning Lewis Ranch
Banning Lewis Ranch is currently the top selling subarea in town by number of sales in the last 30 days. The average closed price.