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Fox Run Neighborhood Market Update January 2022

Fox Run Neighborhood is back to pre pandemic inventory levels. At least for now. Will it continue?

Fox Run Neighborhood Housing Supply

Housing supply is the driving force in all the pricing pains buyers have been facing. Well it looks like at least for now Fox Run neighborhood is showing some signs of a meaningful shift.

No the prices are not coming down as you will see from the next slide. But at the very least homes are lingering on the market a little longer now than the last 18 months.

Fox Run Neighborhood Median Sales Price

Pricing on the other hand is still on the uptick. But if the current inventory stays on the market much longer and new inventory is added there may be some leveling out in the short term.

Ready to make a move? Let’s Connect.

Are you ready to make a move in 2022? Let’s connect and discuss your unique needs in this housing market.

Best Krishna Perkins

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