One minute market update on the housing market in the Nokomis area for December 2024.
The two things everyone wants to know when they ask "how's the market?":
1️⃣ Has the value of my home gone up or down?
The median sales price of a home in our neighborhood was $360,000 up 3.9% from this time last year
2️⃣ If I were to sell today, how long would it take?
On average homes are selling in 23 days which is typical for the holiday season.
Keep an eye on mortgage rates as we head into 2025. Buyers are coming to grip with the higher rates and should be jumping back into the market after the new year.
If you've been thinking of making a move in 2025, now is the time to make a plan!
One Minute Nokomis Housing Market Update - November
