Hey there, I'm Paul Washington, your friendly neighborhood REALTOR® here in Cherokee County. Today, I wanted to give you all a quick market update for January 2025.
Currently, we have a 2.41 Months Supply of Inventory in Cherokee County. That's an increase of 14.22% over the last 12 months. What does this mean for you as a buyer or seller? Well, it's important to stay informed about market trends so you can make the best decision for your situation.
Our Sold to List Price percentage is at 97.3%, which shows that homes are selling close to their asking price. This is good news for sellers, as it indicates a strong market demand.
The median days on market is 42, which means that homes are selling relatively quickly in Cherokee County. If you're a buyer, it's important to act fast when you find a property you love.
And finally, the median sold price in Cherokee County is $500,000. This gives you an idea of the average price point in our area.
Remember, real estate is constantly changing, so it's important to stay up to date on market trends. Whether you're looking to buy or sell, I'm here to help you navigate the process. Feel free to reach out to me with any questions you may have.
Thanks for tuning in, and I'll see you in the next update. Happy house hunting!
