First Starm to 2025 & Rising Inventory for Bayside
Posted by Leslie Kopp on
March has arrived and after a winter with multiple snow storms in a few short months, we are grateful for warmer, light-filled days ahead!
As the chart illustrates, Bayside had a slightly slower start to the year for real estate activity. Through the first two months of 2025, 9 properties went under contract, which is down 10% compared to last year and sales volume in dollars (based on list price) down 11%. Properties sold more quickly and the average sale price was down 7%. There has been a notable increase in available inventory, which is something we will continue to monitor.
As always, if we can help you with your real estate goals or needs, please call our Bayside homeowners and experts:
Kiki Hargrove Wayne Lyons
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