Westside House Market
Report Spring 2023
Inside The Westside
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The Spring Westside house market is taking off with:
Strong Sales. March 2023 was a strong month with 96 Westside houses sold on the MLS®, just 2 less than the 5-year average (see bar graph below).
Short Supply. At the end of March 2023 there were 514 Westside houses listed for sale on the MLS®, which is 134 less than the 5-year average (see bar graph below).
Rising Prices. In March 2023 the Westside House Price Index (HPI) increased to $3,218,500, up $115,400 from February 2023. This is the second month in a row that prices have recorded significant gains (see line graph below).
Multiple Offers. In March 2023, 21% of all Westside houses sold at or above their asking price.
* * * Conclusion * * *
The Westside house Spring market is taking off and is positioned to have a very good year. Now is an excellent time to sell on the Westside.
If you are considering making a move, call me today for an honest, professional and free valuation of your home. Let me show you how my Marketing Plan backed by solid systems can be quickly implemented to maximize the value of your home.
Thank you.
