The Dale market extended a nine-week hot streak this week, even as sales fell to three homes sold over the last 30 days. The median sales price rose to $289,900 over the latest reporting period for Dale, up from $269,900.
Comments:

Sales have fallen to four homes sold over the last 30 days in the Dale market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 10 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. While new seller numbers were strong, the median sales price of homes sold came in at $269,900, which extended a price upswing to eight weeks.
Comments:

Fewer sellers put their homes up for sale in the Dale market over the last 30 days and the number of new listings fell this week to 11. Home sales remained unchanged from the prior period and once again five homes were sold. The median sales price rose dramatically to $249,900, up from last week's $183,400. Despite the flat sales, a relatively low three months of inventory remaining indicates that Dale is a seller's market.
Comments:

The Dale market is currently in the middle of a pronounced upward sales trend, extended as sales rose to five homes sold over the last 30 days. Even as sales trended higher, months of inventory continued to climb as well, trending upwards for four weeks to reach three months. The low inventory and rising sales mean Dale is a seller's market.
Comments:

The Dale market was busy in this week's report, as the number of home sales climbed 50.0%, pushing the total to three homes sold over the last 30 days. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $183,400 this week.
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