Considerations:
Price Trends: The disparity between the median listing price decrease and the median sale price increase suggests a competitive market, possibly with higher-end homes influencing the median sale price.
Inventory and Sales Pace: An increase in available homes combined with longer selling times may provide buyers with more options and potential negotiating power.
Conclusion:
While home values have risen, the increase in inventory and extended days on market could offer favorable conditions for buyers. However, it’s essential to assess your financial readiness, long-term plans, and consult with a local real estate professional to determine if now is the right time for you to purchase a home in Horace, ND.
