Our Market Update for the Pope School District
Here are the latest numbers from the second quarter of 2019 in the Pope High School District
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Here are the latest numbers from the second quarter of 2019 in the Pope High School District as they compare to Q2 of 2018:
In Q2 of 2019, there were 160 sales, which only increased by one over Q2 of 2018.
The average sales price in Pope increased from $457,000 last year to $477,000 this year.
The average days on market rose from 46 days in 2018 to 53 days in 2019. This isn’t a huge difference, but it shows that the market is starting to trend upwards to a more normalized figure.
The average list-to-sale price ratio, which compares how much sellers got for their homes compared to how much they asked for, remains the same year over year at 97%. This shows that sellers only negotiated down by about 3% on average, which is fantastic.
In terms of new listings, 266 came onto the market in 2019, while only 259 came on in 2018.
We ended Q2 of 2019 with 117 listings on the market and an average list price of $590,000, which is really strong.
This has been more of a macro look at what’s happening in the Pope High School district, but if you’d like to know what’s happening in your micro community, please feel free to reach out to me. I’d be happy to runs those stats for your area.