Business and economics |

Black Forest saw prices soften but sales increase for the month of September. This appears to be the result of pent up buyer demand in conjunction with seller motivation. As we have discussed here in the past, there are buyers in the market and the homes they are buying are the ones that are priced right. There are a lot of homes on the market so buyers have plenty of selection. When they see a deal, they know it.

Here are the numbers:

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The June numbers are out and the month actually looked good. This is normally a busy month so we’re going to chalk a lot of this up to a normal seasonal activity spike.

Still, this is great news and we’ll keep our fingers crossed. Here are the important overall numbers. We’ll drill down into some of the area in the coming days:

Single Family/Patio Home Sales: 867 Listings Sold (that’s up 27 sales from May)Median Sales Price: $223,000 (that’s up $13,000 from May)Average Sales Price: $256,829 (that’s up $5,286 from May)Average Days on Market: 91 (This one is up from May by 3 days)

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