01/15/2024
🏡📊 Market Update for Allegan, MI 49010 📊🏡
📅 Current market Report
🏢 Company: eXp Realty
👩💼 Name and Title: Tammy Shimmel, REALTOR®
Attention Buyers and Sellers! Here's an update on the current market trends in Allegan, MI 49010. 📈📉
1️⃣ Months Supply of Inventory: Currently, Allegan has a healthy 1.56 Months Supply of Inventory. This means there is a good balance between supply and demand, making it a favorable market for both buyers and sellers.
2️⃣ Months Supply of Inventory Growth: Over the last 12 months, Allegan has experienced a significant +31.09% increase in Months Supply of Inventory. This indicates a growing market with more options for buyers.
3️⃣ List to Sold Price: The List to Sold Price percentage stands at an impressive 100.6%. This suggests that properties in Allegan are selling close to their asking price, indicating a strong seller's market.
4️⃣ Median Days on Market: Properties in Allegan are moving fast! The median days on market is only 7 days, reflecting high demand and a competitive market. If you're looking to sell, now might be the perfect time!
5️⃣ Median Sold Price: The median sold price in Allegan is $255,000. This indicates a healthy and stable real estate market, offering great opportunities for both buyers and sellers.
Whether you're looking to buy or sell, these market trends provide valuable insights into Allegan's real estate landscape. As a trusted REALTOR®, I'm here to guide you through every step of the process. Feel free to reach out to me for personalized advice and assistance. Let's make your real estate goals a reality! 🤝💼
