July 2022 Real Estate Market Stats

August 12, 2022

July 2022 Stats

The statistics are a comparison of July 2021 and July 2022.

The chart below indicates:

Home sales are DOWN 30% from last year at this time.

The average sold price for a single family home INCREASED 11%

The average days on market has INCREASED to 2 Days.

The amount of available inventory is at  7 weeks / up from 3 weeks.

Watch the video Below

Bottom Line
With the inventory  at 7 WEEKs.  This is creating more buyer inventory.

As a Buyer:::

The increase in inventory is good.  It creates more opportunity and for a well qualified Buyer it creates more options and buying power.

***Right now is the best time to buy in the last 2 years.  Increase in inventory.  Less Buyers on the market. Sellers are more open to negotiate and we are seeing an increase in seller incentives.  Such as:  Interest Rate buy downs,  closing costs being paid in full or partial, etc….

The value of homes continue to go up!! with the 11% increase in prices..  Consider this buy when it is easier to buy.

You can always refinance when rates drop.

Even if the home isn’t the perfect home, Buy and in a few years you would have generated enough equity to buy the perfect home.

Nobody got wealthy without owning real estate.  It is a huge part of everyone’s financial success.

Treat your home for what it is.  An Asset that is a tool to create Wealth, Freedom and a Better Life!


Lets talk and put together a game plan!!   LET ME HELP YOU!!


CALL ME! **** 720-676-9484****

As a Seller:::

If you are looking to SELL!!  We definitely need to talk, ASAP!!!

It is still a sellers market!

The market has shifted but there are still plenty of Qualified Buyers looking to buy your home.

Call me Today!! 720-676-9484