Welcome to November's Market Update. Let's take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 16% from one year earlier and up 13% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just over 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold Decreased 50% year-over-year and Decreased 63% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.