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Hi Steve from Wilhelmy Homes
Hey thanks for stopping by this site
I really do appreciate it
Wanted to give you some market stats updates specifically in the Maple Grove market
Just giving you a quick rundown
Yes you could see my head bouncing over here
I'm checking I've got a sheet over here
I hope to memorize them
You know pretty well
But I don't have them memorized
Last month it was
It was started to slide back a little bit
That could have been you know our interest rates going up
You know that summer bubble that we have
Still sold quite a few houses
We did 101 houses in Maple Grove
144 last month so we dropped down a little bit
Inventory wise we were about even
This month 149 new houses went on last month was 160
Still it's about the same
Price point went down
Which was kind of interesting
And that just could be the ebb and flow of you know different prices of houses
We're selling at different times
You know we actually dropped almost 17%
Down to about $248,000 for the average price point
But the most important piece of information about the Maple Grove markets
Still is the month supply
It is still extremely low, it's at 3.0
Which means there is three months' worth of inventory out there
General rule of thumb is if
We are anything below six months we are in a sellers' market
so you are seeing increase in prices
Multiple offers and all of that is still exactly the same
We saw that all throughout the summer selling season as well as going into the fall
And people will say
No we don't sell houses in fall
Actually we sell quite a few houses
And we will continue to sell houses all through the fall and into the winter
So just want to give you the quick update
If you'd like to dive in a little bit more into the Maple Grove numbers or any other
numbers like that
Feel free to give me a call or shoot me an email
My contact information is right there on the screen or you can comment on the YouTube video
Love to hear from you guys
If you want to talk anything else about real estate feel free to reach out
I love to chat with you
Thanks for stopping by
Bye