With only 2.4 months of inventory, New Market remains a seller's market. Home prices have increased 2.0% in the past month alone. With 2.4 months of supply, New Market's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the New Market market with the affordability index at 1289.2. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A